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Updated over 5 years ago on . Most recent reply

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Anthony Smoke
  • Rental Property Investor
  • Charlotte, NC
48
Votes |
38
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My first Deal after 1 week on BiggerPockets

Anthony Smoke
  • Rental Property Investor
  • Charlotte, NC
Posted

I received a deal from a wholesaler on BiggerPockets (I gave a reference to the wholesaler). This is a single family home located in Wilmington, NC. The deal was $80K for a 2 bed / 2 bath 1140 sqft property. It has renters paying $1,000 / month. The renovation is estimated between $20K - 35K for ARV of $140K. This is a cash purchase for me using my funds from a Solo 401K. The closing will be next week. I will post my BRRRR calculations once we close on the property.

Most Popular Reply

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1,916
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Ola Dantis
  • Multifamily Syndicator
  • Houston, TX
2,232
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1,916
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Ola Dantis
  • Multifamily Syndicator
  • Houston, TX
Replied

@Anthony Smoke Talk about taking action

You are the real action man! Good on you!

🎉🎉Congratulations 🎉🎉

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