BRRRR & Hold Cleburne TX
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $232,000
Cash invested: $30,000
Duplex for my son in Cleburne TX.
This is one of my best cash flowing/ROI properties.
What made you interested in investing in this type of deal?
Cash Flow
How did you find this deal and how did you negotiate it?
Through an agent I did a deal with in the past.
How did you finance this deal?
Traditional mortgage
How did you add value to the deal?
Evicted the tenants, cleaned it up and raised the rents.
What was the outcome?
Cash flow
Lessons learned? Challenges?
Evictions aren’t that hard
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
My team