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Updated about 5 years ago,
Repair items that ruin brrrr deals
I have question about BRRRR. I'm going to do my first brrrr deal. I understand that you can technically make any repair item work with BRRR as long as you are all in at 75% of ARV (assuming you're getting a really good purchase price discount). But assuming you're getting an average discount on a distressed property what type of big item repairs (foundation, plumbing, electrical, etc) would be a red flag and a deal breaker for a brrrr deal in Indianapolis?