First BRRRR complete

[Kevin Kramer]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Indianapolis.

Purchase price: $85,700
Cash invested: $60,000

Purchased for 85,700. Rehabbed the property for 60k. Appraised for 200k.

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

Being able to take out the money after the rehab was complete.

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

MLS

How did you finance this deal?

Cash

How did you add value to the deal?

Full Rehab

What was the outcome?

Refi with 200k appraisal.