Get another duplex under contract

4 Replies

Jump to latestLatest
  • Real Estate Agent 路 Kansas City 路 Member since 2018 路 4k+ posts 路 3k+ votes
    1mo

    Nice job! Is this a BRRR?

  • Alex BekezaBusiness Member
    Lender 路 Los Angeles, CA 路 Member since 2018 路 2k+ posts 路 1k+ votes
    1mo

    Congrats Guillermo. Months of back and forth and you still closed the gap, that's the part most people give up on.

    What are the numbers looking like? Purchase price, reno budget, and where you're estimating ARV. Always curious how small multi is penciling in the Atlanta metro right now.

    If you're planning to hold this one, there's a free tool linked in my signature below that'll show you what the refi looks like on the back end. Worth running early so you know your exit before you're deep into the rehab.

  • Guillermo NadalPro Member
    OP
    Flipper/Rehabber 路 Marietta, GA 路 Member since 2018 路 108 posts 路 77 votes
    1mo

    Yes.

  • G. Brian DavisPro Member
    Investor 路 Hatboro, PA 路 Member since 2016 路 2k+ posts 路 842 votes
    1mo

    Congratulations! Sometimes the best deals take the longest to put together. 

Join the conversationCreate a free account to reply, vote on answers and follow this thread.