Merrbaugh Dr BRRRR Project

[Trey Williams]

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.

[Jerry Padilla]

@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%