Dallas TX Duplex Purchase

[Jorge Gonzalez]

Investment Info:

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

Purchase price: $355,000
Cash invested: $100,000

My business partner and I purchased a duplex in the DFW area, traditional investment 25% down. We will be splitting costs and profits down the middle.

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

There is a potential value add to force some equity and it is located in a very prime area that we anticipate future development nearby.

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

MLS.

How did you finance this deal?

25% down using my own and my business partner's capital.