All Forum Posts by: Cassidy Burns

Investment Info:

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

Purchase price: $50,000
Cash invested: $25,000

BRRR. Purchased @ $50,000. $15,000 renovation budget. Appraised for $97,000. Cash out refi. Currently rented for $610 & $450.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $35,000
Cash invested: $35,000
Sale price: $87,500

First renovation project. $20,000 profit. 4 month.

Investment Info:

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

Purchase price: $165,000
Cash invested: $25,000

Purchased for $165,000 using HELOC off of other property. Appraised for $180,000 at purchase. Increased rents on 2 of the units. Now renting for $450, $550, $575, $625 (market rent). Great investment, love this property.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $8,000
Cash invested: $1

Purchased for $8000 cash, renovated for $3,500, $1,500 closing costs. All in $13,000 appraised for $33,500 2 months later. Did a HELOC for $25,000 and used to purchase a Quadplex for $165,000. House has had trouble renting out since it is so small but when it is rented out it rents for $425/month. Not a good house, will be doing a 1031 exchange in 2020 on this property.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $35,000
Cash invested: $20,000

Originally Started as a flip, didn't get the number I wanted. Luckily, appraised for the value, did a cash out refi and continued with the BRRR strategy $0 currently invested in deal. Now is rented for $650/month, loan of $52,000. Very low maintenance .

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $510,000
Cash invested: $18,000

House Hack (current primary residence). 3 bed/ 3 bath condo. Rent out 2 of the bedrooms for $1,250 & $1,350/month each.

Investment Info:

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

Purchase price: $30,000
Cash invested: $125,000

Duplex. $510/month each unit. $1,050/month total. Cash out refinance complete following renovation, pulled out all initial investment + renovation. Loan of $45,000 currently on property.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $30,300
Cash invested: $8,000

SFH- Rented for $625/month. Loan of $22,500 on property. Decent investment, will be looking to do 1031 exchange on this property in 2020.

Investment Info:

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

Purchase price: $30,000
Cash invested: $125,000

Duplex. $510/month each unit. $1,050/month total. Cash out refinance complete following renovation, pulled out all initial investment + renovation. Loan of $45,000 currently on property.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $510,000
Cash invested: $18,000

House Hack (current primary residence). 3 bed/ 3 bath condo. Rent out 2 of the bedrooms for $1,250 & $1,350/month each.