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Real Estate Deal Analysis & Advice

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Brian Orr
Pro Member
  • Rental Property Investor
  • Tampa, FL
96
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208
Posts

Unintentional BRRRS after failed flip

Brian Orr
Pro Member
  • Rental Property Investor
  • Tampa, 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

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