Buy & Hold SFR BRRRR

[Phillip Lanier]

Investment Info:

Single-family residence buy & hold investment in Uvalde.

Purchase price: $55,000
Cash invested: $60,000

Buy & Hold

What made you interested in investing in this type of deal?

REO deal.

How did you find this deal and how did you negotiate it?

REO auction

How did you finance this deal?

Cash. This will be a BRRRR

How did you add value to the deal?

Paint and carpet with minor rehab.

What was the outcome?

TBT

Lessons learned? Challenges?

TBT

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

No

[Adrian Chu]

Sounds like great numbers.  Good job!

We don't see that in the Seattle area. :)