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66
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54
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Jordan Mummau
  • Real Estate Agent
  • Hershey, PA
54
Votes |
66
Posts

BRRRR with no Rehab - College Rental

Jordan Mummau
  • Real Estate Agent
  • Hershey, PA
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $115,000

BRRRR deal with $0 spent in rehab. It was just a good buy. Appraised for $165K. I had the appraiser in the property the day I closed in order to expedite the cash out refi. This is a college rental and rents for $1,600/mo

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

Home owners called me directly. Wanted to move and took a cash offer

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