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Updated about 8 years ago on . Most recent reply
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BRRRR next brick in the wall
Today I closed on my 6th BRRR deal. All of my properties are in Connecticut.
So far:
Triplex in New Britain- BRRRR complete and fully operational.
2625 Rent Roll 100,000 acquisition 50,000 renovation, 140,000 refinance out 190,000 valuation
Duplex in Manchester- BRRRR complete
2500 Rent Roll 60,000 acquisition 60,000 renovation, 140,000 refinance out 190,000 valuation.
Duplex in New Britain- Auction.com buy at the refinance stage.
2475 rent roll 75,000 acquisition 20,000 renovation, looking to refinance out 120,000 for a 160,000 valuation
Duplex in New Britain- bad foundation renovation done this month
2400 rent estimation 85,000 acquisition 20,000 renovation, looking to refinance out 120,000 for a 160,000 valuation
Duplex in Manchester- acquired from wholesaler half rented and in renovation
2300 rent estimation 77,000 acquisition 20,000 renovation,looking to refinance out 120,000 for a 160,000 valuation
Brand new acquisition:
2300 rent estimation 70,000 acquisition 30,00 renovation, looking to refinance out 120,000 for a 160,000 valuation
I will be documenting everything I can about the 6th deal as we go.
Most Popular Reply
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If you dont mind me asking, how are you funding the acquisition and renovation?