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Updated about 2 years ago on . Most recent reply

User Stats

424
Posts
286
Votes
Tyler Lingle
  • Real Estate Consultant
  • Indianapolis, IN
286
Votes |
424
Posts

First BRRRR started!

Tyler Lingle
  • Real Estate Consultant
  • Indianapolis, IN
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $110,000

Contributors:
Devon Allee

Irvington 2/1 bungalow. The purchase was from a wholesaler (Mainstay) at $110,000. I think it's as-is value was about $130,000. I bought this with private money entirely, including 20k budgeted for light renovations. We hope to refinance it above $160,000 to get all the invested capital out of the deal. It will be a long term hold!

business profile image
Roots Realty Co.
5.0 stars
43 Reviews

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