BRRRR that turned into a flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $53,500
Sale price: $84,500
This was a SFR that was going to be a BRRRR but turned into a flip.
What made you interested in investing in this type of deal?
I am interested in the BRRRR strategy
How did you find this deal and how did you negotiate it?
Agent
How did you finance this deal?
Cash
How did you add value to the deal?
Renovated, New floors, paint, roof.
What was the outcome?
Ended up selling this house and not BRRRR'ing
Lessons learned? Challenges?
Don't trust others to do any work in your absence.
