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Updated 8 months ago on . Most recent reply

User Stats

54
Posts
31
Votes
Ben V.
  • Real Estate Agent
  • Florida
31
Votes |
54
Posts

BRRRR Purchase! What a success!

Ben V.
  • Real Estate Agent
  • Florida
Posted

Investment Info:

Single-family residence buy & hold investment in Orlando.

In 2019, I utilized the BRRRR method to purchase a home, starting by **Buying** a distressed property at a low price. I then **Rehabbed** it, making necessary repairs and improvements to increase its value. Once the renovation was complete, I **Rented** it out to generate steady income. Next, I **Refinanced** the property, pulling out the increased equity to recover my initial investment.

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

Searched with a realtor till I found the right property

How did you finance this deal?

Conventional primary loan

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