Single-family residence buy & hold investment.
Purchase price: $50,000
Cash invested: $25,000
ARV of $108k
$345/month cash flow (projected)
In the middle of it right now and will post more info/details/pics as they come!
What made you interested in investing in this type of deal?
We are BRRRR'ing and this fit the mold!
How did you find this deal and how did you negotiate it?
We negotiated with the owners and stayed on top of them to be in constant communication
How did you finance this deal?
How did you add value to the deal?
We will be adding a 4th bedroom
What was the outcome?
In the middle of it right now. Will post more info/details/pictures as they come
Lessons learned? Challenges?
It is always a challenge, the key is to stick with it and have an abundance mindset
Great work @Blake Edwards Looks like a great deal!! Would love to see more pics as they come.
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you