Ended up winning in appreciation.

[Wayne O'Connell]

Investment Info:

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

Purchase price: $164,000
Cash invested: $5,000

Bought a duplex to house hack.

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

I want to get as many doors cash flowing as I can.

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

Found on the MLS and my partner on the deal offered full price.

How did you finance this deal?

FHA

How did you add value to the deal?

Replaced the appliances.

What was the outcome?

Still holding strong.

Lessons learned? Challenges?

We should have made an offer according to the market not the list price.