First Big Project, Full gut and Rehab
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $12,000
First fully gutted property. This will be my biggest project yet, planning to be done mid-summer. Estimated costs are around $30,000 with an ARV of $95,000. Each unit will rent for $850/month.
What made you interested in investing in this type of deal?
Huge value add.
