Latest BRRRR (Missouri)

[Pat Jackson]

This little gem came right off the MLS in February. It was in probate.

Purchase:65k

Rehab:40k

Arv:140k

Rent:$1300

We did an as-complete appraisal so knew the arv before we closed. Because we knew the arv and had a solid estimate from our top notch contractor, we knew we could cash out before we started. Bought with a construction loan.

It had ALOT of nicotine!  
 

We inherited a car. Had to sell it for scrap, couldn’t get the title.