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Updated about 1 year ago on . Most recent reply

User Stats

12
Posts
7
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Gavin Pelkington
  • Investor
  • Fort Wayne
7
Votes |
12
Posts

BRRRR Deal Fort Wayne

Gavin Pelkington
  • Investor
  • Fort Wayne
Posted

Investment Info:

Single-family residence other investment.

Purchase price: $180,000
Cash invested: $40,000

Off market BRRRR deal. Purchased the house cash with a partner. Renovated the property investing another 40k increasing ARV to roughly 265k. Holding as a cash flowing rental now.

How did you finance this deal?

Cash with a partner.

How did you add value to the deal?

Full cosmetic rehab.

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