First BRRRR attempt in Waco, Texas
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $78,000
Cash invested: $50,000
3/1 SFH, 1688 SQ Feet
Adding:
• HVAC
• New Roof
• Second Bathroom
• Interior Pain
• New Flooring in every room but living
• Minor floor leveling
What made you interested in investing in this type of deal?
Long Term Investment
How did you find this deal and how did you negotiate it?
Realtor brought off-market deal
How did you finance this deal?
Cash from personal investment, private lender & all Rehab through HELOC on primary residence
How did you add value to the deal?
Adding:
• HVAC
• New Roof
• Second Bathroom
• Interior Pain
• New Flooring in every room but living
• Minor floor leveling
Most Popular Reply
@Kyle Robarts
From a fellow Wacoan, congrats!