Updated over 5 years ago on . Most recent reply
Primary residence renovation
Investment Info:
Single-family residence buy & hold investment in Dallas.
Purchase price: $280,000
Cash invested: $90,000
Cash out refinance, appraised at $500k 2 years later with 3% 30 yr APR
What made you interested in investing in this type of deal?
First renovation, income generating ADU on property
How did you finance this deal?
Conventional
How did you add value to the deal?
Did renovation work myself along with some subcontractors
What was the outcome?
Similar to BRRR where I live for free and profited off of the renovation through cash out refinance