Medical Mile BRRRR and Foundation fix!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $130,000
Cash invested: $70,000
Medical Mile BRRRR. A beautiful old home that was serious foundational issues...
Cost us around 20k to jack up the foundation and raise the corner of the home 6 INCHES! IT WAS CRAZY.
after the foundation was secured, we did a full rehab in there. added a second full BA downstairs. Bought it for 130k, it appraised for 330k 5 months later!! pulled all of our money out!