Updated almost 5 years ago on .
Offmarket duplex BRRRR
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $170,000
Cash invested: $220,000
Classic BRRR method here.. picked up this 2 unit and put in about 50K, rented and refinanced out.
What made you interested in investing in this type of deal?
This was the perfect BRRR.
How did you find this deal and how did you negotiate it?
Off market from my realtor. Ended up purchasing another property to bundle it together to lower the cost of this one
How did you finance this deal?
private money
Lessons learned? Challenges?
Some challenges were the scope of work, but we got through it!
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Kelzi Sobolewski of Pettrone Team Real Estate. She is the best around Rochester. Highly recommend.