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Updated over 5 years ago on . Most recent reply

Ryan Weimer's profile image
Ryan Weimer's profile image
Ryan Weimer
  • Rental Property Investor
  • from Encinitas, CA
  • Member since Jul 23, 2018
  • Posts 56
  • Votes 33
  • Experience 7 Yrs
  • Investments 5
Connect

User Stats

56
Posts
33
Votes
Ryan Weimer's profile image
Ryan Weimer's profile image
Ryan Weimer
  • Rental Property Investor
  • from Encinitas, CA
  • Member since Jul 23, 2018
  • Posts 56
  • Votes 33
  • Experience 7 Yrs
  • Investments 5
Connect
Ryan Weimer
  • Rental Property Investor
  • Encinitas, CA
33
Votes |
56
Posts
Real Estate Deal Analysis & Advice

*Update* on our First BRRRR property in Boise!

Ryan Weimer
  • Rental Property Investor
  • Encinitas, CA
Posted

Investment Info:

Single-family residence buy & hold investment in Boise.

Purchase price: $205,000
Cash invested: $13,500

Our first BRRRR property in Boise! Occupied within 2 weeks with fantastic tenants!

*Updated* After 6 month seasoning period and rates dipping, we elected to cash out refi. Property Appraised at 255k, putting just shy of 25k back in our pockets (after new loan closing costs), a whopping 1.125% lower interest rate, and increased cash flow despite the larger loan!

See post in profile for more pictures

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Noah Evans's profile image
Noah Evans's profile image
Noah Evans
  • Investor
  • from Boise, ID
  • Member since Jan 12, 2018
  • Posts 23
  • Votes 15
  • Experience 8 Yrs
  • Investments 8
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Noah Evans's profile image
Noah Evans's profile image
Noah Evans
  • Investor
  • from Boise, ID
  • Member since Jan 12, 2018
  • Posts 23
  • Votes 15
  • Experience 8 Yrs
  • Investments 8
Connect
Noah Evans
  • Investor
  • Boise, ID
15
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23
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Noah Evans
  • Investor
  • Boise, ID
Replied

Great job!! Did you do this remotely from California? 

1 Vote
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