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Updated about 6 years ago,

Shelby (Osborne) Johnson's profile image
Shelby (Osborne) Johnson's profile image
Shelby (Osborne) Johnson
  • Real Estate Broker
  • from Lexington, KY
  • Member since May 3, 2017
Connect

User Stats

135
Posts
139
Votes
Shelby (Osborne) Johnson's profile image
Shelby (Osborne) Johnson's profile image
Shelby (Osborne) Johnson
  • Real Estate Broker
  • from Lexington, KY
  • Member since May 3, 2017
Connect
Shelby (Osborne) Johnson
  • Real Estate Broker
  • Lexington, KY
139
Votes |
135
Posts
Real Estate Deal Analysis & Advice

6-units, BRRR - Fayetteville, NC (6th Deal)

Shelby (Osborne) Johnson
  • Real Estate Broker
  • Lexington, KY
Posted

Investment Info:

Large multi-family (5+ units) buy & hold investment in Spring Lake.

Purchase price: $175,000
Cash invested: $60,000

Off-market BRRR deal. Purchased for $175k, $60k in repairs, ARV projected $350k. Projected rents $4,200 total. **Rehab currently underway, estimated completion January 15th, 2019. Woo!

How did you finance this deal?

Private money

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