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I always see so many questions about turnkey properties, long-distance investing, and BRRR’ing properties so I thought I’d share my first investment experience since it consists of all these things.
Details:
Purcha...
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Thank you to all who read this in advance! Now my question follows..
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The 50% and 2% are good rules of thumb, but what are your specific criteria in your area(s)? How stringent are your requirements and how often do you reevaluate them?
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Investment Info:
Single-family residence hard money loan investment.
Purchase price: $105,000
Cash invested: $24,000
Purchased from a wholesaler using hard money lender and equity in home. House had...