This is all a function of your bank, your relationship with your bank, and what they are willing to lend at.

These are closed-end seconds, though, meaning that it functions like a cashout - you get the full loan amount at closing and then it amortizes until repaid.

A non-functioning appliance quickly becomes a liability.Final ThoughtAdding a washer and dryer may seem optional, but it can significantly improve your property's value, attract quality tenants, and reduce turnover.

Minimum standard repairs made to make it functional.

Utility VerificationWater, sewage, electricity, and road access must be legal and functional.

The inside was restructured to be more functional and meet today's standards.

Another thing I'd note in general with BRRRRs, assuming you're using lending/hard money, I would always get the big ticket functional/mechanical costs done during the renovations.

And I would ask about the layout, if it functionally makes sense.Those are some of the big hitters I can think of.

That’s the beauty of it: while it’s a personal dream, it also functions as a long-term investment.

So it'll function more like a BRRRR without needing a rehab.Has anyone structured a deal like this successfully?