How much was your first BRRRR deal?

[Stephen Adams]

As I begin to save enough capital to start the BRRRR strategy, I'm curious to see how others have started in the same strategy.

My questions are:

(1) How much was the purchase price of the property?

(2) How much was the "all-in" cost for the property?

(3) Did you pay "all-cash" or did you use other financing methods (e.g., private lending)?

(4) What was the eventual ARV of the property?

I would really like to begin the strategy however I am trying to get a general idea of how much I would typically need to save to start (I know this varies by market, but I'm curious if anyone has had success with the BRRRR strategy in markets where it's atypical to find a SFR at less than $100k)