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Updated over 5 years ago on . Most recent reply
Merrbaugh Dr BRRRR Project
Investment Info:
Single-family residence buy & hold investment in Hagerstown.
Purchase price: $81,600
Cash invested: $27,000
Sale price: $130,000
SFH 3-1 no, basement
Property valued at $125K - $130K. Currently holding for a refinance and rehab project in the coming weeks.
Most Popular Reply
Jerry Padilla
#5 Classifieds Contributor
Lender
#5 Classifieds Contributor
- Lender
- Rochester, NY
@Trey Williams
Great BRRR in my opinion. If you have owned the property less than 6 months you will be able to recoup your initial investment of the purchase plus closing costs. After 6 months you will be able to recoup a little more. A SFR cash out refinance with conventional has an LTV of 75%
- Jerry Padilla
- [email protected]
- 585-204-6923
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