Seller Financed Duplex in Ghent

[Carrie Copenhaver]

Investment Info:

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

Purchase price: $185,000
Cash invested: $15,000

Charming Duplex in Ghent. Working on updating & renovating to generate more cashflow. Purchased 50% ARV with seller financing. 13years @ 4.5%

What made you interested in investing in this type of deal?

seller financed, priced below market value, larger lot, perfect for short term rental

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

wholesaler

How did you finance this deal?

seller financed

How did you add value to the deal?

update & renovate

What was the outcome?

working on this now