Broadway st. Investment

[Mark Abbott]

Investment Info:

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

Purchase price: $14,500
Cash invested: $25,000

Duplex in 40211 that I bought at forclosure auction

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

Had to start somewhere

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

Forclosure Auction, i outbid other buyers

How did you finance this deal?

Cash

How did you add value to the deal?

added to new HVAC units and updated some of the electric. added cabinets and remodled kitchen in downstairs unit.

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

No