6-units, BRRR - Fayetteville, NC (6th Deal)
Real Estate Broker · Lexington, KY · Member since 2017 · 135 posts · 139 votes
Investment Info:
Large multi-family (5+ units) buy & hold investment in Spring Lake.
Purchase price: $175,000
Cash invested: $60,000
Off-market BRRR deal. Purchased for $175k, $60k in repairs, ARV projected $350k. Projected rents $4,200 total. **Rehab currently underway, estimated completion January 15th, 2019. Woo!
How did you finance this deal?
Private money
