WOW 😮 Over 21 Offers!

Just, WOW!

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✅ 45 showings

✅ Countless open house attendees

✅ 21+ offers, many cash

✅ Contracted over list

The real estate market may have slowed down a bit, but well-priced homes in good communities are still very much in demand!

Can you believe that I almost didn't buy this house?

The seller was in the process of evicting a tenant and wanted to sell, but not for a penny less than $90k.

While $90k wasn't a bad deal, the home had a lot of deferred maintenance.

Ultimately, I agreed since my plan was not to flip it but to follow the slow flip strategy (think BRRRR strategy with a twist).

Now, nearly 8 years later and after an eviction (full story on Tiktok), it's time to sell and redeploy the equity into bigger and better deals.

While holding long-term is an excellent wealth-building strategy, sometimes selling to redeploy your equity into another deal (or multiple deals) will produce a significantly higher return.

That's the difference between the slow flip strategy and the BRRRR strategy.

Originally Posted on InvestedX.