Asheville, NC four-plex BRRRR
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $411,000
Cash invested: $100,000
Purchased 4 condos, renovated all four at a cost of around $100k. After renovation, we did a cash out refinance, and were able to pull out all of our capital. We continue to hold the property utilizing all four as short-term rentals.
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Financial Advisor
- Refocus Financial