BRRRR long term hold

[Anthony Phillips]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $235,000

Purchased the property 15k under asking needs small rehab. Currently waiting on buyers rent back to expire to start the rehab. I hope to cash out of the house after the house is rented for a few months.

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

Quick sale and knew I could get it under value.

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

Found on the MLS with a one picture listing.

How did you finance this deal?

Paid cash

How did you add value to the deal?

Going to fix some minor plumbing issues. Fix and other issues with the house.

What was the outcome?

TBD