Deal Breakdown – Buy & Hold Success in Wilmington, DE

[Eric Ray Foraker]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $80,000
Cash invested: $32,500

This buy-and-hold flip is a textbook example of strategic real estate investing done right. Acquired for just $80,000, with $32,500 in targeted renovations, this property has been fully repositioned and now boasts a market value of $245,000.

Not only did this deal generate significant equity on the back end, it also delivers strong monthly performance—with $1,850 in gross monthly income.

✔️ Purchase Price: $80,000
✔️ Rehab: $32,500
✔️ All-In: $112,500
✔️ Current Value: $245,000
✔️ Monthly Income: $1,850
✔️ Strategy: Buy. Renovate. Rent. Hold.

This is the kind of long-term wealth-building opportunity that shows why buy-and-hold investing remains one of the most powerful plays in real estate.

How did you finance this deal?

Hard money for rehab, once rehab was complete refi'd using a 30yr DSCR loan

How did you add value to the deal?

Targeted renovations
Full Kitchen remodel, full bath remodel
New floors (LVT)
Paint

What was the outcome?

Significant equity as well as a strong cash flow position from monthly rents

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Our hard money lender was amazing on this deal. They got it closed in under 30 days and were very easy to work with. DM me for his contact info

[Eric Ray Foraker]

Quote from @Jaycee Greene:

Quote from @Eric Ray Foraker:

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $80,000
Cash invested: $32,500

This buy-and-hold flip is a textbook example of strategic real estate investing done right. Acquired for just $80,000, with $32,500 in targeted renovations, this property has been fully repositioned and now boasts a market value of $245,000.

Not only did this deal generate significant equity on the back end, it also delivers strong monthly performance—with $1,850 in gross monthly income.

✔️ Purchase Price: $80,000
✔️ Rehab: $32,500
✔️ All-In: $112,500
✔️ Current Value: $245,000
✔️ Monthly Income: $1,850
✔️ Strategy: Buy. Renovate. Rent. Hold.

This is the kind of long-term wealth-building opportunity that shows why buy-and-hold investing remains one of the most powerful plays in real estate.

How did you finance this deal?

Hard money for rehab, once rehab was complete refi'd using a 30yr DSCR loan

How did you add value to the deal?

Targeted renovations
Full Kitchen remodel, full bath remodel
New floors (LVT)
Paint

What was the outcome?

Significant equity as well as a strong cash flow position from monthly rents

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Our hard money lender was amazing on this deal. They got it closed in under 30 days and were very easy to work with. DM me for his contact info

Hey @Eric Ray Foraker, welcome to the BP Forum! How long ago was this completed and what was the actual ARV?

 Hey @Jaycee Greene

We completed the project in December of 2024, so just a few months ago. ARV/appraisal was $245k as of January 2025 when we did the refi. Tenant moved in also in January '25

I should have mentioned that in the initial post, will keep that in mind going forward 

Eric