BRRRR works great for me.

[Mark A. Bornemann]

Investment Info:

Single-family residence buy & hold investment in Live Oak.

Purchase price: $140,000
Cash invested: $20,000
Sale price: $210,000

A fun project with significant ROI.

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

Having done a half dozen beforehand

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

A wholesaler I work with

How did you finance this deal?

Cash purchase then brrrrr

How did you add value to the deal?

Experience and knowing the area and clientele

What was the outcome?

Success!!!

Lessons learned? Challenges?

Know what you’re getting into when buying a hoarders property.

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

Corridor funding