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Updated 8 months ago,
My First BRRRR!!!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $95,000
Cash invested: $30,000
This was my first rehab. I was able to BRRRR it!!! I updated the bathrooms, floors, kitchen, Mechanicals, sewer lateral, Paint, doors. I was able to do a DSCR loan and re-coop my entire investment.
What made you interested in investing in this type of deal?
Bigger Podcast Podcast!
How did you find this deal and how did you negotiate it?
MLS-Agent
How did you finance this deal?
Heloc
How did you add value to the deal?
Complete Rehab
What was the outcome?
Cash flow baby!!!
Lessons learned? Challenges?
Rehabs are hard and cam the sewer
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Jack Luttage helped me with my DSCR loan!