Real Estate Deal Analysis & Advice

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Brian "DJ Twist" Orr
  • Rental Property Investor
  • Saint Petersburg, FL
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207
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Unintentional BRRRS after failed flip

Brian "DJ Twist" Orr
  • Rental Property Investor
  • Saint Petersburg, FL
Posted Oct 7 2019, 19:23

Investment Info:

Single-family residence other investment in Mt Holly.

Purchase price: $42,000
Cash invested: $88,000
Sale price: $139,000

Bought for cash to flip. Didn't sell at $115,000 so I held it for a rental. Netted $6,000 annual cash flow until sale.

How did you finance this deal?

Cash

Financial Advisor New York (#Series 7) and New York (#Series 66)

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