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All Forum Posts by: Joseph Hotchkiss

Joseph Hotchkiss has started 1 posts and replied 1 times.

BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Post: First time BRRRR, complete gut job!

Joseph HotchkissPosted
  • Posts 1
  • Votes 1

Hi, I am seeking advise on a deal. There is a 2 family property for sale in Niagara Falls, Ny. It is in a great location with walking trails to the falls and other state parks. The problem is it’s a complete gut and rehab with holes In the roof. I’ve contacted someone to parter with to get this deal done as I don’t think I’d be able to get the deal done by myself As a first timer. My questions are:

1: Does this deal sound like It could work?

2: What are the best options for financing something like this?

3: I know David has advised against partnerships but has anyone made a 50/50 partnership like this work?

1 Vote
Upstate New York, New York