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Updated almost 2 years ago,

User Stats

27
Posts
4
Votes
Anthony Hill
  • Rental Property Investor
  • Tulsa, OK
4
Votes |
27
Posts

BRRRR that turned into a flip

Anthony Hill
  • Rental Property Investor
  • Tulsa, OK
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $53,500
Sale price: $84,500

This was a SFR that was going to be a BRRRR but turned into a flip.

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

I am interested in the BRRRR strategy

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

Agent

How did you finance this deal?

Cash

How did you add value to the deal?

Renovated, New floors, paint, roof.

What was the outcome?

Ended up selling this house and not BRRRR'ing

Lessons learned? Challenges?

Don't trust others to do any work in your absence.