BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 4 years ago on . Most recent reply
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BRRRR value add question
Hello,
We are in the middle of rehabbing an old 1900’s village home near Rochester NY. The house is a 1.75 story 1350sqft 2 bed 1 bath. We needed to knock down the 1941 kitchen addition after discovering they did not have a foundation.(bought as is in foreclosure). We now have the option of adding a full bathroom or making the kitchen space significantly larger. The upstairs is a large bedroom with no room to add a second story bath. So the down stairs will have one bedroom and two full baths.
what will increase the ARV the most. Large kitchen or 2nd bathroom?
Mike