BRRR Deal Executed and Resold

[Cassidy Burns]

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $50,000
Cash invested: $25,850
Sale price: $112,846

BRRRR Deal Executed and now turning into a 1031 exchange! Lets take a look at the numbers

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

Ability to take my cash out after 4 months while still cash flowing

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

Realtor.com.. Used realtor to negotiate it, came in $15000 below asking price

How did you finance this deal?

Bank Financing.

How did you add value to the deal?

Slight Rehab and getting property tenanted.

What was the outcome?

Success

Lessons learned? Challenges?

Time IN the market is better than TIMING the market