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Updated over 4 years ago on . Most recent reply

User Stats

27
Posts
17
Votes
Kyle Robarts
  • Rental Property Investor
  • Hewitt, TX
17
Votes |
27
Posts

First BRRRR attempt in Waco, Texas

Kyle Robarts
  • Rental Property Investor
  • Hewitt, TX
Posted

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

User Stats

21
Posts
9
Votes
Logan Taylor
  • Specialist
  • Waco, TX
9
Votes |
21
Posts
Logan Taylor
  • Specialist
  • Waco, TX
Replied

@Kyle Robarts

From a fellow Wacoan, congrats!

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