Single Family BRRRR

[Jeremy Segal]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $154,000

Single Family, BRRRR. Purchased with line of credit, currently under renovation to rent and refinance.

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

I initially looked at this deal as a flip but realized it works as a BRRRR and I would prefer the tax benefits to the tax penalties of a fix and flip.

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

MLS, cash offer no contingencies.

How did you add value to the deal?

LOC.

What was the outcome?

In process. Closed, under renovation.