BRRRR in Hillsboro New Hampshire
Investment Info:
Single-family residence buy & hold investment in Hillsboro.
Purchase price: $62,000
Single family BRRRR.
Purchase: $62K + Rehab & hold: $17K
What made you interested in investing in this type of deal?
Distressed property but did not need major renovations
How did you find this deal and how did you negotiate it?
On market & negotiated price based on condition
How did you finance this deal?
Commercial loan
How did you add value to the deal?
New roof, interior & exterior paint, finished additional living space
What was the outcome?
Full cash-out refi after 6 months
Lessons learned? Challenges?
Finding opportunities that have unfinished space is a great way to add value quickly
