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Updated about 5 years ago,
Offer accepted time to BRRR!
I have been doing tons of research and sifting through lots of potential deals and finally, tonight, our offer was accepted on a property that I think will fit nicely with the BRRR strategy! I am excited but also a bit terrified! I am borrowing the money from a relative until I can refinance. The home only needs minor repairs. The kitchen could use updating, the floors need refinishing, needs fresh paint, and maybe some new light fixtures.
I am seeking any advice on how to increase value in the most cost effective way as this is going to be a rental. I want to get the best appraisal possible while also keeping rehab costs at a minimum. I have got to make this work! Super exciting and terrifying at the same time!!