Duplex we purchased sight unseen

[Kristen Tucker]

Investment Info:

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

Purchase price: $170,000
Cash invested: $80,000

Duplex 2br/2ba and 2 storage units

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

My parents had investment property and my husband decided he’d try it.

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

It was listed in mls and we offered in it sight unseen with a conting that we could see property to perform nec inspections

How did you finance this deal?

25 % down mortgage

How did you add value to the deal?

Renovated

What was the outcome?

Immediate inquiries

Lessons learned? Challenges?

Would have used less expensive flooring.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes.