This is my first attempt at BRRRR.

[Kurt Smith]

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $151,000

My first BRRRR. This is a 4 unit building that came with another lot to build another multifamily home.

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

I have read Buy, Rehab, Rent, Refinance, Repeat by David Greene. I thought his strategies and processes would best suit this current economy and be the safest form of investment.

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

Kept looking in areas I knew I could personally fund the purchase and the project. I have many resources in the area and the perfect deal was sent my way by the realtor.

How did you finance this deal?

Personal Funded

How did you add value to the deal?

The whole place needs to be fully renovated. I will have all new plumbing installed, roof, kitchens, bathrooms, create laundry rooms for every unit, and cosmetically enhance the place both inside and out. This should provide a better rent rate and increase the value of the property.