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Updated about 4 years ago,
1st part of larger play
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $62,000
Cash invested: $35,000
Private money, 72k interest only at 10%
Rehabbed for total of about 94k after purchase price. Currently in refinance process appraised at 126k
How did you finance this deal?
Private money
How did you add value to the deal?
Full gut remodel
What was the outcome?
Doing cash out refi