Updated over 3 years ago on . Most recent reply
12 unit Apt, BRRR deal check
This is my first potential BRRR project, and looking to hear experienced folks' opinion on this deal:
Sale price: $475K
Current tenants: 9 units
Vacant: 3 units
Current rent rolls with expenses:
Potential rent raise with new tenants, increasing the value of the building significantly with improvements.
Term: 3-5 BRRR