Updated over 6 years ago on . Most recent reply
Our second BRRRR investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $78,200
Cash invested: $13,000
This one was our second BRRRR in the same area we have been farming. It also has turned out very well for the minimal dollars we put in! We used our normal GC everything came out on budget and on time! We were very happy with this one.
What made you interested in investing in this type of deal?
Our first BRRRR worked out well and we came across another property in the same neighborhood. Needed to do it again!
How did you find this deal and how did you negotiate it?
Mailing the neighborhood!
How did you finance this deal?
100% private money
How did you add value to the deal?
Putting in all new flooring, paint, baseboards and kitchen cabinets & countertops!
