Finished my first brrrr property

[Brett Loetz]

I just completed my first brrrr property. This will give me my second rental property. I’m all in at about 136k on a property that’s now worth about 185k. I should be able to rent it for 1600 a month, and refi it to get roughly 129k back out. If I get 70 percent. Leaving 7k in the property but also making around 650/mo. after mortgage/taxes/insurance. What’s your opinion on how I did? I went over my initial budget a little, but ended up with a really nice house, all redone. I did almost all the work myself, on the nights and weekends, when I wasn’t working OT at my day job. So it did take me 5 months to get done. I hope to contract out a little more on my next one to get done faster. I’ve learned so much with this one, and added a few good contacts to my phone.