Garland Rental Home BRRRR

[Lewis McKnight]

Investment Info:

Single-family residence buy & hold investment in Garland.

Purchase price: $150,000
Cash invested: $13,000

BRRRR Just under the 1% rule with 15% equity bought

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

I need to get a bunch of cash invested. If you have anything that would work for BRRRR in Dallas Metroplex. Please contact me

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

I found it though networking bought it off the market

How did you finance this deal?

Cash

How did you add value to the deal?

Updated it for 13,000

What was the outcome?

Rented the home for around .94 of all in amount.