BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 11 months ago on . Most recent reply
Leave 66k In or Sell for 77k?
Hello guys
Reno got costly on this last BRRRR deal. I'm a Buy And Hold type of guy but the sale is calling me after running the numbers. FYI: If I keep I will be sidelined for 8-12 months until I can buy another deal.
What you guys think Keep a fully renovate home for 66k in a C+/B- area or sell for 107k for the next deal?
KEEP
- Cash Flow: $664
- CoC Return: 12%
- Equity: $175k
- Total Left In Deal: 66k
SALE
107k profit
https://www.biggerpockets.com/brrrr-calc/1809608.pdf?c=17117...