Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 2 years ago on . Most recent reply
BRRRR Duplex in Dallas, Texas
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $600,000
Cash invested: $80,000
BRRRR Duplex in Dallas, Texas. Purchase Price $370k. Rehab Cost $125k. ARV $600k
What made you interested in investing in this type of deal?
This was an off market deal that will cash flow even at the 7% interest rate
How did you find this deal and how did you negotiate it?
Off market wholesale deal
How did you finance this deal?
Hard Money Lon
How did you add value to the deal?
I completely renovated all cosmetics and some CAPEX. Purchased distressed property as an off market deal.
What was the outcome?
Purchase Price $370k. Rehab Cost $125k. ARV $600k. Cash flow will be $1500 monthly.
Most Popular Reply
Quote from @Jorge Gonzalez:
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $600,000
Cash invested: $80,000
BRRRR Duplex in Dallas, Texas. Purchase Price $370k. Rehab Cost $125k. ARV $600k
What made you interested in investing in this type of deal?
This was an off market deal that will cash flow even at the 7% interest rate
How did you find this deal and how did you negotiate it?
Off market wholesale deal
How did you finance this deal?
Hard Money Lon
How did you add value to the deal?
I completely renovated all cosmetics and some CAPEX. Purchased distressed property as an off market deal.
What was the outcome?
Purchase Price $370k. Rehab Cost $125k. ARV $600k. Cash flow will be $1500 monthly.
@Jorge Gonzalez Very cool property!
- Jay Hurst
