Multi-Family BRRR aquired for $40k $135k arv

[Terrell Hill]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Phila.

Purchase price: $40,000
Cash invested: $20,000

Duplex 2+2 (Private Money) w/ lot attached separate parcel. BRRR in place re-hab 90% complete.Tenant in place in second unit $675 p/mo. Making 2 efficiencies on 1st floor. Future 1st fl rents $600+$600. ARV for building excluding lot. $135K.

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

Its a Multi unit W/ attached lot. 2 separate addresses!

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

I am always talking about me realestate, a family member brought me this deal!

How did you finance this deal?

Private Money Investor

How did you add value to the deal?

Updated both units $20K

What was the outcome?

Will Update still work in progress