Second Cheyenne BRRR

[James Bowers]

Investment Info:

Single-family residence buy & hold investment in Cheyenne.

Purchase price: $190,000
Cash invested: $50,000

Purchased this with owner occupied financing and then financed the renovations out of pocket. First larger scale renovation project.

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

It was on the open market for months and nobody had put in an offer. Seller had no debt so they were flexible.