BRRR in Lockhart
Investment Info:
Single-family residence buy & hold investment in Nichols.
Purchase price: $175,000
Cash invested: $40,000
Distressed Seller, BRRR
What made you interested in investing in this type of deal?
Small 3 Bed/2 Bath in good long term rental neighborhood
How did you find this deal and how did you negotiate it?
Facebook Ads for distressed seller
How did you finance this deal?
subject to
How did you add value to the deal?
rennovate, refinance, rent
What was the outcome?
Long term rental
Lessons learned? Challenges?
Probate deal with 3rd sibling that was undisclosed until under contract. No will.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Cheskar law and title
- Julie Hutchison