BRRRR duplex deal in upstate NY

[Alison Walden]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Menands.

Purchase price: $120,000
Cash invested: $60,000

100% BRRRR

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

Close to home on good street.

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

MLS

How did you finance this deal?

Cash

How did you add value to the deal?

Renovate Interior

What was the outcome?

100% money back through BRRRR.

Lessons learned? Challenges?

Don't move the contractor in.

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

I'm an agent! Lenders: National Bank of Coxsackie.