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Updated over 5 years ago on .
5th Brr property this year
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $35,000
Cash invested: $5,000
Accepted offer on my 5th house since May using Brrr strategy. 2 bedroom 1 bath SFR with basement.
How did you find this deal and how did you negotiate it?
Realtor
Asking price $39,999. I offered $30,000. Accepted their counter offer of $35,000
How did you finance this deal?
Cash then bank finance after closing and repairs
How did you add value to the deal?
We will relocate washer dryer to basement add closet for second bedroom. Repair 5 windows. Getting estimates for new siding