Fix and Flip turned BRRRR in Longmont CO

[Dan Guenther]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $360,000
Cash invested: $80,000

This was initially a fix and flip deal that turned BRRRR. We got the property off market at a great price and decided that the location and future opportunity outweighs the benefits of a quick resale. We are still working on deciding the best exit strategy at this time but are leaning towards STR or Group Home for increased returns.