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Updated about 5 years ago,

User Stats

19
Posts
11
Votes
Lance Castillo
11
Votes |
19
Posts

4/2 SFH with extra room in attic. Too much house?

Lance Castillo
Posted

Hi BP,

I have a potential BRRRR deal with a 4/2 SFH with an extra finished room up in the attic. This will be my first deal. The numbers look good and after rehab, I'll have about $2.5k left in the deal with $175 cashflow and 84.5% cash on cash ROI. What I am having an issue determining is if buying a house this big will attract renters. I'm planning on marketing the place as a 5-bed to get better rent. My gut tells me that I should be looking for no more than a 3/2 for my first deal. What do you guys think?