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195
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161
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Daniel Johnson
  • Financial Advisor
  • Winston Salem, NC
161
Votes |
195
Posts

Asheville, NC four-plex BRRRR

Daniel Johnson
  • Financial Advisor
  • Winston Salem, NC
Posted

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $411,000
Cash invested: $100,000

Purchased 4 condos, renovated all four at a cost of around $100k. After renovation, we did a cash out refinance, and were able to pull out all of our capital. We continue to hold the property utilizing all four as short-term rentals.

  • Daniel Johnson
  • Most Popular Reply

    User Stats

    15
    Posts
    18
    Votes
    Jake DiSabatino
    • Rental Property Investor
    • Asheville, NC
    18
    Votes |
    15
    Posts
    Jake DiSabatino
    • Rental Property Investor
    • Asheville, NC
    Replied

    Is this a quad in Fairview?

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