First BRRRR Attempt and it Worked!!!

2 Replies

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $103,000
Cash invested: $15,000

First BRRRR attempt. Purchased for 86K (includes purchase and rehab), refinanced for 103K, recevied ~1.5K back from unfinished rehab work.

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

Recapture CAPITAL

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

Through STOREHOUSE 3:10

How did you finance this deal?

Conventional Financing.

How did you add value to the deal?

Rehab of property.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes, contact us for more information.

That is awesome my friend!! CONGRATS!

did you save up the 15k or did you get friends and family to recruit your initial dp?

How did you find the property?

and how did you estimate the ARV?

Awesome! 

Did you already have a relationship with Storehouse 3:10 for them to send you this deal? It looks like they only sell turn key.

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