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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 1 times.

Post: Townhome BRRR Rental

Account ClosedPosted
  • Real Estate Agent
  • Posts 1
  • Votes 1

Investment Info:

Townhouse buy & hold investment in Springfield.

Purchase price: $331,000
Cash invested: $331,000

3 Bed, 3 Bath, 2 Car Garage, Townhome with Private Backyard

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

Great Cash Flow with Significant Appreciation Potential

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

Found through my research as an investor

How did you finance this deal?

Cash

How did you add value to the deal?

Renovations to Bathrooms, Flooring, Landscaping

What was the outcome?

Very happy tenant with great cash flow

Lessons learned? Challenges?

Challenges associated with skilled labor availability

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Self