Grafton Condo Buy and Hold using BRRRR Strategy

[Sam Wolf]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $90,000
Cash invested: $10,000

Buy and hold on a Condo in Grafton, Wi. Is very outdated and in need of some renovation, planning on using the BRRRR strategy once renovations are done to purchase another investment property.

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

The asking price was low and found out the HOA allowed rentals, and the rental price of the unit could be over 1%, which made it a good candidate for a buy and hold.