[Calc Review] Help me analyze this deal
Hi all! I'm evaluating a potential BRRRR property that I would likely purchase with 5% down and owner-occupy for however long necessary to complete repairs, etc.
I would certainly get more accurate estimates on the repairs before closing, but I already know the roof needs to be replaced as well as some potential foundation repair due to moisture issues.
My goal would be to purchase the property, make cosmetic upgrades to the lower unit (3BR/1BA) and get that rented out ASAP so I can get some income going while I finish up larger projects like the roof and upgrading the upper unit.
Open to any and all feedback! Thank you!
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