47K Profit and $400 in monthly cashflow in Single Family BRRRR

[Camron Cottam]

Investment Info:

Single-family residence other investment in Oakville.

Purchase price: $54,500
Cash invested: $97,500
Sale price: $214,000

Completed BRRRR that yielded great results. Single Family Residence that I purchased off of auction. ARV of $214,000 with $97,500 total invested. Utilized a private investors capital for the purchase price. They received their capital back + interest in 6 months time. Cashflow of $400 a month.

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

I found this deal listed on the MLS. Was able to take a look and then I was notified that it had gone to an online auction.

How did you finance this deal?

Private Investor

How did you add value to the deal?

Full rehab