Nightmare On Main Street BRRRR

[Steve MacNerland]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $15,000
Cash invested: $75,000

Single family foreclosure BRRRR

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

We want to fix up the town we live in, one house at a time.

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

It was on the MLS as a foreclosure

How did you finance this deal?

Cash

How did you add value to the deal?

Complete gut and in the process of a full Reno

What was the outcome?

Stay tuned

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

Worked directly with the bank that had foreclosed on the property