Updated almost 4 years ago on . Most recent reply
Help me analyze this deal
Hello fellow BRRRRs I'm trying to decide if this deal is a GO in WA. SF home, 836SQF. I would like to BRRRR. Location has been rezoned. Looking for any tips to help close the deal.
Donovan S.
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Most Popular Reply
Hello Donovan,
For a SFR, I use the formula
Purchase price = 0.75 * ARV - Rehab Costs
In your case, for this to be a complete BRRRR, you would need to purchase the property for no more than $247,750.