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Updated over 4 years ago,

Delbert Standifer's profile image
Delbert Standifer's profile image
Delbert Standifer
Pro Member
  • Rental Property Investor
  • from Carson, CA
  • Member since Nov 29, 2019
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User Stats

177
Posts
74
Votes
Delbert Standifer's profile image
Delbert Standifer's profile image
Delbert Standifer
Pro Member
  • Rental Property Investor
  • from Carson, CA
  • Member since Nov 29, 2019
Connect
Delbert Standifer
Pro Member
  • Rental Property Investor
  • Carson, CA
74
Votes |
177
Posts
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Please help did I Brrrr this wrong

Delbert Standifer
Pro Member
  • Rental Property Investor
  • Carson, CA
Posted

I purchased a 4-plex in Tucson for 140k (35k) down with another 5k for closing costs. I receive 1549 in rent in my mortgage is 740. However the place is a dump! The rehab is about 40-50k. I’ll be all in about 85k what do I need my appraisal to be to receive my 85K back? I think I messed this up big time!

  • Delbert Standifer
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