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Updated almost 4 years ago on .

User Stats

1
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0
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Michael Watson
0
Votes |
1
Posts

Selling to get cash for starting to BRRR

Michael Watson
Posted

Investment Info:

Single-family residence buy & hold investment in Saline.

Purchase price: $306,000
Cash invested: $110,000

Primary residence... listed to cash out and start BRRR in SWFL

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

1st home purchase

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

Local agent. Zillow. Didn't negotiate because I hadn't found BP yet.

How did you finance this deal?

Local bank traditional mortgage. 30yr fixed

How did you add value to the deal?

Custom blinds, new bedroom windows and minimal landscaping.

What was the outcome?

TBD