Great Opportunity for BRRRR

[Antoinne Glover]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $200,000
Cash invested: $230,000

Bought property at pre-foreclosure

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

Buying it under value and knowing we could BRRR his

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

referral from another client

How did you finance this deal?

Cash

How did you add value to the deal?

Complete remodel with new windows, roof, paint, flooring, appliances, cabinents.

What was the outcome?

All in $230,000 now worth $330,000. Currently renting at $1800 a month

Lessons learned? Challenges?

Would have a better team of vendors lined up prior to purchasing.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

My wife and I are Realtors. This helped us tremendously.