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HomeForumsGeneral Real Estate InvestingLooking At my 1st BRRR
Edward Lavin's profile image
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Edward Lavin
  • Specialist
  • from Howard Beach, NY
  • Member since Feb 7, 2017
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Edward Lavin's profile image
Edward Lavin's profile image
Edward Lavin
  • Specialist
  • from Howard Beach, NY
  • Member since Feb 7, 2017
Connect
Edward Lavin
  • Specialist
  • Howard Beach, NY
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16
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General Real Estate Investing

Looking At my 1st BRRR

Edward Lavin
  • Specialist
  • Howard Beach, NY
Posted Apr 1 2020, 17:49

Purchase price 160k

Value 190-210k

paying existing PITI 750/mo (68K) plus an extra 350/mo towards the difference of the mortgage and remaining principle.

Payoff and transfer of title is due in 24 months.

rent goes for 1600/mo or more. Property is on a double lot.

so cash flow and equity on the back end

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