Pine Street Duplex Rehab

[Laurie Snyder]

Investment Info:

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

Purchase price: $82,000
Cash invested: $50,000

Upstairs/downstairs duplex. Upper unit is a 2/1 fully remodeled, furnished unit renting to traveling nurses.

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

Heard about renting to traveling nurses on Bigger Pockets Podcast

How did you finance this deal?

Used a HELOC to purchase and rehab

How did you add value to the deal?

Did a full remodel of the upstairs unit including windows, flooring, kitchen and bath, addition of laundry, AC and all of the furnishings.