BRRR Deal outside Huntsville

[Colby Fryar]

Investment Info:

Single-family residence buy & hold investment in Huntsville.

Purchase price: $85,000
Cash invested: $85,000
Sale price: $140,000

This is a BRRR outside of Huntsville, which I obtained through my awesome broker there. I am expecting this to be my best BRRR ever in terms of cash flow and hopefully infinite returns.

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

My main interest in this deal was the neighborhood it is in. It has very good rents.

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

Through my awesome agent. We offered cash and a quick closing.

How did you finance this deal?

Hard money- in progress. Will let everyone know how this goes/

How did you add value to the deal?

Rehab- TBD

What was the outcome?

TBD

Lessons learned? Challenges?

Plan for more down up front.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I recommend John White to anyone investing in the Huntsville area. He's awesome.