Edinburg Texas SFH BRRRR 78539

[Boone Tyson]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $55,000
Cash invested: $5,000

Bought to BRRRR. Slow progress due to our flips.

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

Purchase price was great for the square footage. Its across the street from an elementary school.

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

Past client. Called and asked if they would like to sell. We had discussed it about 18 months prior

How did you finance this deal?

LOC

How did you add value to the deal?

It will be a total remodel when finished.

What was the outcome?

In progress

Lessons learned? Challenges?

It's been hard to send people over to do the work on it because we have had our crews at our flips most of the time.