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Updated almost 9 years ago on . Most recent reply
![Christian Barthelemy's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/535313/1695277040-avatar-christianb26.jpg?twic=v1/output=image/cover=128x128&v=2)
Hello from Miami Florida!
Greetings!! My name is Christian Barthélemy and along with my brother, Richard Barthélemy
We have owned a 8 unit multi family building for the past 17 years and within the past year, we decided to expand and begin doing rehabs and flips.
Currently, we are finishing up a light rehab for a home that we purchased in North Miami via our mailing campaigns. When we are done with the updating of the home, we will be looking at about a 13% cap rate.
Additionally, we are in the process of receiving the keys to a home that we purchased via auction all the way back in October! The former owner attempted to fight the sale multiple times to no avail and after 6 months, we should finally get the keys next week. This 3/2 2000sq ft home will be a complete rehab and we anticipate at least a 35% ROI when the project is complete.
We are always looking to buy and we look purchase from as far north as North Miami Beach to as far south as Homestead. We will take on rehabs and also properties with liens and violations. The most that we will look to tie up all in is about $250,000 and we seek a 30% return on investment.
We are looking forward to meeting and networking with like minded individuals here on BP!