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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 8 months ago,

User Stats

4
Posts
5
Votes
Deon White
  • Investor
  • Columbus, OH
5
Votes |
4
Posts

BRRRR Capital Partners (Off Market)

Deon White
  • Investor
  • Columbus, OH
Posted

Currently under contract for a large off-market residential property.

Quick details: 4,200+ sqft 12bed / 5bath (2 kitchens) (No a flood zone)(Light - Medium rehab / rent-by-the-room play)

My partner has been a PM in this community for 20+ years and is highly confident in this deal (as am I).

The current issue is, we aren't confident the property can close with a bank due to a few seller complications.

( ^Very long story, but if you want to hear it I will tell you haha)

We're looking to over-raise about $335k ($255k purchase and $80k for the rehab).

But we (and our contractors) know the rehab portion will come in a bit lower.

Can anyone point me in the right direction?

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