Updated about 2 years ago on . Most recent reply
BRRRR in Louisville
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $85,000
Cash invested: $17,000
We found this one through a wholesaler. All we had to do was clean it out and put a new roof on it. We had it rented within a few days of closing!
What made you interested in investing in this type of deal?
We buy houses in this area
How did you find this deal and how did you negotiate it?
Wholesaler and the seller was facing foreclosure
How did you finance this deal?
Private Money
How did you add value to the deal?
New roof
What was the outcome?
It's rented!
Lessons learned? Challenges?
Buy more houses!
- Jordan Moorhead
- [email protected]
- 512-888-9122
The Moorhead Team
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Dmitriy Fomichenko
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
Tax & Financial Services
Pro Member
#1 New Member Introductions Contributor
- Solo 401k Expert
- Anaheim Hills, CA
Nice! Congrats @Jordan Moorhead !