I recently purchased a triplex in Phelps NY which sits on 2 acres.

So I am not new to real estate, have purchased 9 properties oos, but I am looking to transition to BRRRR strategy.

The land was originally purchased for $500,000 and we believe they spent an additional $100K on it.  

As title states am interested in purchasing a 4-plex, owner occupying one unit and renting the 3 other.

Here’s what it netted me:$52k in equity at closing: The home appraised at $185k, a full $45k over the original asking price.A solid comp for my flip about to hit the market.A happy seller who got what they were asking for and more.Satisfied buyers and sellers agents with even more commissions.Only $6k down: This is about 3% of the purchase price.I wanted to share this to help get your creative juices flowing when it comes to making deals.

Purchase price: $160,000 Sale price: $180,000 Contributors: Peter Vekselman Partner Driven, in collaboration with J.L.

Purchase price: $40,000 Sale price: $78,500 Contributors: Peter Vekselman Partner Driven, in collaboration with Julie Bilyeu, successfully completed a sale on South Holloway Church Road, Lexington, NC 27292.

I am newer to this forum so apologies if I am posting in the wrong place but I have a couple questions about purchasing a SFH with an un-permitted ADU.

Purchase price: $310,000 Cash invested: $15,000 Sale price: $425,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Carriage Lane, Oakdale, CA.

Aloha Russell,I purchased a property in a floodway in Honolulu Hawaii.