First BRRR that I bought on purpose

[Charlie Massey]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $117,000
Cash invested: $22,000

cash purchase, renovate, rent, and refinanced this. We got about 90% of our money back and still cash flow.

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

over asking price, same day it hit the market.

Lessons learned? Challenges?

There are always more things you will want to do when renovating a house, but have to stay on budget.