Investor Buy and Hold in Forest Park

[Kalim Kalla]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $89,000
Cash invested: $140,000

Contributors:
Evan Murphy, Wesley Potter, Sam Neel

Awesome Buy and Hold deal I helped my investor to acquire. The rehab was super manageable and presented a solid opportunity to cashflow higher than 30% CoC. Investor was super thrilled to get this one wrapped up and on to the next. BRRRR method is king in the rental space and I continue to provide deal after deal exceptional returns on distressed deals. Big props to my investor for being able to stick to budget and knock out this rehab and close on a tenant within 3 months.

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

The low entry point of a potential BRRRR deal.

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

Found this deal within my network of agents.

How did you finance this deal?

using Hard Money and a refinance loan.

How did you add value to the deal?

I found the deal, underwrote it and presented it to an investor relationship for them to execute the investment.

What was the outcome?

An awesome cash flowing property for my investor and a wholesale fee for myself.

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

Perfecto Capital Hard Money lenders