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Updated over 2 years ago,
Gastonia, NC BRRRR #1
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $78,000
BRRRR deal.
Acquired for $78k, spent $21k on rehab, $6 on closing costs, appraisal at $125k. Left about $12k in the deal and now rents for $1099 with PTI under $600 month at 75% LTV.