My First BRRRR Offer

[Ray Malave]

Team, I am mighty excited. I sent my very first offer today. A 3/2, 1,075 sqft SFR in a very desirable location. Asking price $127K. I offered $90K. Kitchen and bathrooms need serious updating. I figure no more than 20K will get the property in top shape (I'm a contractor, so I will be doing the work myself). ARV: low end 160K, high end $175K. Rent: low end $1,200, high end $1,450. Looking for a DSCR loan.