Long-Term Rental Property (Great BRRRR)

[Andy Nathan]

Investment Info:

Townhouse buy & hold investment.

Purchase price: $30,000
Cash invested: $45,000

Great 2/1 rental investment

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

great long-term cashflow or potential flip for funding future deals

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

partner found it

How did you finance this deal?

purchased cash. Refinancing the property to turn it into a BRRRR

How did you add value to the deal?

rehabbed the property

What was the outcome?

it is a great cash-flowing property

Lessons learned? Challenges?

had a few extra things that needed rehabbed and learned to get on problems faster to rehab the property faster.

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

Agent, Contractors