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Updated about 5 years ago,
Positive Cash Flowing with 100% Sweat equity appreciation
Investment Info:
Small multi-family (2-4 units) buy & hold investment in North Tonawanda.
Purchase price: $55,000
Cash invested: $80,000
Duplex in easily rentable hot market area.
What made you interested in investing in this type of deal?
Good discounted price
How did you find this deal and how did you negotiate it?
Auction Bidding
How did you finance this deal?
Cash Buy
How did you add value to the deal?
Fixed and Rented
What was the outcome?
Good cash flowing with 100% equity appreciation
Lessons learned? Challenges?
Keep moving
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes