I am a new investor. I am fishing around for my first property. I am trying to Follow the BRRRR model. I found a property saying:
This house is ready and waiting for a full remodel. Investor special. This house has a ton of possibility. Buy it to remodel or tear down and build on this double lot in downtown Belleville. It is located across the street from the new library. The furnace stopped working which caused the pipes to burst. Home will need furnace and new plumbing. Sale will be "as is" with most items left in house (buyer will remove a few sentimental items). Seller will not provide certificate of occupancy which can be obtained after closing before anyone moves in. No utilities are on at the home.
Would this be a good start or this is a big of a project.?
How can i estimate the PRV?
Thank you
Hatem Mahgoub
