Purchase price: $40,000 Cash invested: $15,000 Contributors: Maria Talasz Buy, Renovate, Rent by the Room, Refinance (coming soon)...This BRRRR deal was inspired by the 2023 Bigger Pockets Real Estate conference in Miami after seeing David Greene repeat so many great points about house hacking.

Are you assuming sale of asset on the last year,cash out-refi, or continued cash-flow with some multiple?

Cleveland is a great cash flow market, but you really need someone who knows the area to provide guidance.   

Purchase price: $40,000 Cash invested: $15,000 Contributors: Maria Talasz Buy, Renovate, Rent by the Room, Refinance (coming soon)...This BRRRR deal was inspired by the 2023 Bigger Pockets Real Estate conference in Miami after seeing David Greene repeat so many great points about house hacking.

Are you buying it with cash and can you provide a proof of funds?

I recently went to the forums, and EACH AND EVERYONE is FLOODED with "I need deals," "I need cash buyers," etc.

LLCs are way overrated for new investors as you would need to buying cash or commercial to get them in an LLC anyway.

It can also be essential for the buyer, seller, and each of their legal representatives to have a conference call.

In both of those situation the land remained whole as one tract essentially owned by the condo association (HOA) while the individual units were sold to individual owners. 

Purchase price: $500,000 Cash invested: $125,000 Bought a 3 unit property 10 mins away from me!