BRRRR in Grass Valley

[Kyle Wegg]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $345,000
Cash invested: $102,000

bought this as a semi distressed property, just did our BRRRR and pulled out $99k

What made you interested in investing in this type of deal?

close to town, 5 acres

How did you find this deal and how did you negotiate it?

MLS

How did you finance this deal?

bank

How did you add value to the deal?

yes, we had it immediately appraised at 400k at the time, and we put about 20k in the remodel

What was the outcome?

BRRRR's out almost our whole investment