First Buy and Hold in Indy
Investment Info:
Single-family residence buy & hold investment in Indianapolis.
Purchase price: $34,900
Cash invested: $26,000
Base Hit. First BRRRR in Indy
How did you find this deal and how did you negotiate it?
Wholesaler in Indy
How did you finance this deal?
Private money and Refi
How did you add value to the deal?
Floors, paint, kitchen, appliances, bathroom.
What was the outcome?
Base hit. Had to leave about $8k in the deal.
Lessons learned? Challenges?
Don't forget to calculate the correct closing costs into your numbers. Don't go over your MAO