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Updated 7 months ago on . Most recent reply

User Stats

56
Posts
21
Votes
Alex Jacobson
  • Real Estate Broker
  • Boulder, CO
21
Votes |
56
Posts

BRRRR: Pueblo Co Multi Family

Alex Jacobson
  • Real Estate Broker
  • Boulder, CO
Posted

Investment Info:

Small multi-family (2-4 units) fix & flip investment.

Purchase price: $170,000
Cash invested: $40,000
Sale price: $185,000

BRRRR for our Investor Partner. Purchases Price 170,000 Cash invested 35,000
Hard money at 10%
Repair cost: 40,000
ARV: 275,000 (TBD!)

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

Equity addition

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

On the Pueblo MLS

How did you finance this deal?

Hard Money Mike of Denver

How did you add value to the deal?

Updating kitchens and Bath

What was the outcome?

TBD

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