1st Salt Lake Purchase

[Scott R Roerig]

Investment Info:

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

Purchase price: $450,000
Cash invested: $21,000

House Hacking this Duplex....Not the best preformer on year 0-1, however, it got us to the city we wanted and the 5 and 10 year projections are Awesome! Long-term buy and hold

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

Long-term

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

MLS, full asking price offer was accepted

How did you finance this deal?

VA Home loan

How did you add value to the deal?

Not much to improve at this point. Recently remodel by a local flipper provided a quality turn key purchase

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

Eli Rossett, Coldwell Banker Salt Lake City