Investor · Atlanta Ga · Member since 2018 · 6 posts · 7 votes
Closed on a property purchased at $81,000 (ARV $155,000) with a home modification loan. I put about $45,000 into the property including (roofing, foundation, mold removal), it was a complete gut job. Refinanced the property, pulled out my initial down payment and currently make great cash flow. Now the ROI is infinite thanks to Bigger Pockets.
Hopefully this testimony gives someone the motivation to take a leap on faith. Currently, I am looking to purchase multifamily properties to take on the stack method.
I finally joined as a Pro Member. Add me, I would love to network.
Congratulations to you. I've been a member on BP for awhile now, and after listening to many webinar's and podcast, I am now really to get the ball rolling.
Thank you for sharing your accomplishments. Motivation is always good to hear from others.
@Robert Washington. WOW congratulations!!! that is a great feeling and keep it going, would love to hear more about the deal, how much where they originally asking? how did you find the prop?
I found this deal networking through a family friend. I was originally going to wholesale the property, but the numbers were too good to pass up. I will message you my contact information so we can network and discuss our approaches to real estate investing.
I found this deal networking through a family friend. I was originally going to wholesale the property, but the numbers were too good to pass up. I will message you my contact information so we can network and discuss our approaches to real estate investing.