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Updated about 3 years ago on . Most recent reply

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19
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Cory Miller
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Votes |
19
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BRRRR with Conventional Leverage

Cory Miller
Posted

Investment Info:

Single-family residence buy & hold investment in Baltimore.

Purchase price: $133,000
Cash invested: $75,000

Leverage conventional financing to acquire. Used HELOC on primary for rehab. Did cash out refinance ounce complete. Paid off HELOC and my own money put into deal after 6 months. Needed original loan to mature. Booked long term tenant after 3rd month of ownership. Same tenant still in property.

Most Popular Reply

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17,872
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,265
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17,872
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

Nice looking house, congratulations @Cory Miller

  • Dmitriy Fomichenko
  • (949) 228-9393
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