2 Unit BRRRR in Maine
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $99,000
Cash invested: $1,000
BRRRRed 2 unit, entire building fully renovated
How did you finance this deal?
Cash, pulling 99% of cash back out with refi
How did you add value to the deal?
Fully renovated inside and out
Lessons learned? Challenges?
Hiring more subs to do the work is a good thing. However, make sure to get those W9's before paying for completed work.
