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Updated about 3 years ago on . Most recent reply
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Cash Flow SFH @ Milwaukee
Investment Info:
Single-family residence buy & hold investment in Milwaukee.
Purchase price: $47,000
Cash invested: $47,000
This house was part of a package deal have put an offer on.
As part of the rehab, we have done a total makeover for the garage,
replaced some parts of the roof which were EOL and some minor repairs in house to make it rent ready.
A Buy&Hold Single Family Home.
Purchase price 47K$
Rehab cost 6K$
All in: 53K$
ARV: 80-85$!
Rents 1,000K$
ROI-COC: 13%
What made you interested in investing in this type of deal?
We are a group of Buy & Hold.... aiming to do BRRR as much as we can
How did you find this deal and how did you negotiate it?
We have found this deal from a listing agent.
Our agent did the negotiation on this deal Wave AlGhamdi-Matos
How did you finance this deal?
Cash
How did you add value to the deal?
As part of the rehab, we have done a total makeover for the garage,
replaced some parts of the roof which were EOL and some minor repairs in house to make it rent ready.
What was the outcome?
Cash flow rental property.
Lessons learned? Challenges?
Package deals are the best!
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Wave AlGhamdi-Matos
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