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Updated almost 3 years ago,
Fun Single family BRRRR
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $160,000
Cash invested: $30,000
Another fun BRRRR.
Bought this home as a 3br 1ba for 160k. Turned it into a fully rehabbed 4br 2ba. Appraised for 240k two months later. Pulled all of our cash out on this one. Super fun deal.
What made you interested in investing in this type of deal?
Ability to pulled out all of our money at the end and still make 1k/mo cashflow.