My first Buy Reno Rent Refi Repeat

[Shedrick Archangel]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $30,000
Cash invested: $12,000

This single family house was is 1,100 ft that consisted of two bedrooms and one bathroom. Converted the house into a 3/2.

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

BRRRR

How did you finance this deal?

Cash deal

How did you add value to the deal?

Added an additional bedroom and bathroom, upgraded main bathroom and floor

Lessons learned? Challenges?

Ensure contractor keeps with the scope of the work