BRRRR Deal Killeen Texas
Investment Info:
Single-family residence buy & hold investment in Killeen.
Purchase price: $70,000
Cash invested: $70,000
Purchase: 70k
Rehab: 40k
Rent: $1,400
Appraised: 170k
All in: 110,000
Cash pulled out: 119,000
What made you interested in investing in this type of deal?
I love this area
How did you find this deal and how did you negotiate it?
Wholesaler brought it to me
I helped negotiate the purchase and helped the wholesaler land his first deal!
How did you finance this deal?
Cash
How did you add value to the deal?
Tear down walls
Vinyl flooring
add a half bath
Lessons learned? Challenges?
Never pay contractors up front
Most Popular Reply
@Eliott Elias Congrats man! The place looks awesome!