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Updated almost 5 years ago,

David Emanuel's profile image
David Emanuel's profile image
David Emanuel
  • Wholesaler
  • from Philadelphia, PA
  • Member since Mar 14, 2017
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User Stats

37
Posts
19
Votes
David Emanuel's profile image
David Emanuel's profile image
David Emanuel
  • Wholesaler
  • from Philadelphia, PA
  • Member since Mar 14, 2017
Connect
David Emanuel
  • Wholesaler
  • Philadelphia, PA
19
Votes |
37
Posts
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

BRRRR investment property

David Emanuel
  • Wholesaler
  • Philadelphia, PA
Posted

Hey guys! I was watching a BiggerPockets YouTube video made by Felipe Mejia, and I had some questions by the end of the video that I was hoping you guys could help me out with.

Here’s the video https://youtu.be/XjUzmXOp0LE

My questions are

1. How did he get $4000 as the amount of equity in the property?

2. Did the deal not work because paying out of pocket doesn’t fit his criteria?

3. Do you think he planned for the ARV to be $209,000 if he went and did the $15,000 rehab?

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