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Updated over 4 years ago on . Most recent reply

User Stats

16
Posts
7
Votes
Cody Davis
  • Contractor
  • Glens Falls, NY
7
Votes |
16
Posts

Adding equity to a single family BRRR

Cody Davis
  • Contractor
  • Glens Falls, NY
Posted

Hello BP friends, I am preparing to invest in my first single family BRRR. I'm thinking about doing renovations and trying to decide what changes will bring back the most equity. I know kitchens and bathrooms are a good first step. Another thing I plan to focus on is the electrical service. The home has a 100 amp panel and I plan to upgrade to 200 amp. I'm and electrician and will be able to do the update myself. I'm just wondering what percentage of return I can expect on upgrading the service when it comes to refinancing. Thanks!

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