BRRRR in Louisville

[Jordan Moorhead]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $85,000
Cash invested: $17,000

We found this one through a wholesaler. All we had to do was clean it out and put a new roof on it. We had it rented within a few days of closing!

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

We buy houses in this area

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

Wholesaler and the seller was facing foreclosure

How did you finance this deal?

Private Money

How did you add value to the deal?

New roof

What was the outcome?

It's rented!

Lessons learned? Challenges?

Buy more houses!