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Updated about 8 years ago on . Most recent reply

User Stats

373
Posts
299
Votes
William Collins
  • Investor
  • Rocky Hill, CT
299
Votes |
373
Posts

BRRRR next brick in the wall

William Collins
  • Investor
  • Rocky Hill, CT
Posted

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.

  • William Collins
  • Most Popular Reply

    User Stats

    31
    Posts
    16
    Votes
    Charles Wiegert
    • Bristol, CT
    16
    Votes |
    31
    Posts
    Charles Wiegert
    • Bristol, CT
    Replied

    If you dont mind me asking, how are you funding the acquisition and renovation?

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