Dux-Duplex Deal in Longview, TX

[Brian Watts]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Longview.

Purchase price: $172,000
Cash invested: $34,400

Two duplexes in north west Longview, TX

How did you find this deal and how did you negotiate it?

Found the deal on the MLS from another out-of-state investor who needed cash to rebuild other investments

How did you finance this deal?

Conventional Mortgage from a small bank in Texas

What was the outcome?

Cash flowing deal while building equity on a 15yr note