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Updated 8 months ago, 03/13/2024

Gavin Pelkington's profile image
Gavin Pelkington's profile image
Gavin Pelkington
  • Investor
  • from Fort Wayne
  • Member since Apr 26, 2023
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User Stats

12
Posts
7
Votes
Gavin Pelkington's profile image
Gavin Pelkington's profile image
Gavin Pelkington
  • Investor
  • from Fort Wayne
  • Member since Apr 26, 2023
Connect
Gavin Pelkington
  • Investor
  • Fort Wayne
7
Votes |
12
Posts
Real Estate Deal Analysis & Advice

BRRRR Deal Fort Wayne

Gavin Pelkington
  • Investor
  • Fort Wayne
Posted

Investment Info:

Single-family residence other investment.

Purchase price: $180,000
Cash invested: $40,000

Off market BRRRR deal. Purchased the house cash with a partner. Renovated the property investing another 40k increasing ARV to roughly 265k. Holding as a cash flowing rental now.

How did you finance this deal?

Cash with a partner.

How did you add value to the deal?

Full cosmetic rehab.

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