Updated about 8 years ago on . Most recent reply
First property ever!!!
hello future friends,
Me and my partner have started our journey in real estate investing and we have come across what looks like a great potential cash flowing property. Its listed as a SFH and is considered one by the county but has a 2 story duplex in the back that needs some extensive repairs from water damage but the actual house is in decent shape. PP of $110k with an estimated ARV of $300k due to the duplex out back. My question is that we are really looking for flips at this point but due to potential cash flow of this property, which i have yet to analyze, do yall think this could be a good candidate for the BRRR method or are there things i need to consider first that i may not have thought of yet? Thank you in advance.