BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 3 years ago,
Driving for dollars in Bremerton Wa
Looking at an off-market 2bd 1 ba. In contact with owner wanting to do a sort of land contract or contract for deed since I dont have the cash for a buyout to brrr.
Also found a duplex that recently got rezoned to commercial 10-30ADU/acre (.17 acres 58ft height restriction) owner is having trouble with tenants (not paying cause of you know what) but I have built some trust with the tenants and could work my magic with some reality. Because of the tenants the price has been reduced and the seller is motivated to get it off their hands.
Have an appointment with a real estate attorney for the “contract for deed” on Tuesday.
Anybody have some guidance for what I'm looking at? I know they both seem like a headache.