Another BRRRR! Right in our wheelhouse!

1 Reply

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $50,000
Cash invested: $25,000

Contributors:
@Greg Edwards

Another BRRRR!
$50k Purchase
$25k Rehab
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?

Bank

How did you add value to the deal?

We will be adding a 4th bedroom
New roof
New floors
New paint
General updating

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

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