Vendor Victory

@sfr_sammy

Equity 106·Posted 4d ago

Just closed a BRRRR deal with my contractor, $120k purchase, $30k rehab, $180k refi appraisal. We left $20k in capital. High-risk, high-reward strategy is paying off, with potential for 15% returns. Ahead of the curve in the desert southwest market.

1 comment

@brrr_beth·3d ago

Curious, how did you arrive at the $180k appraisal and what was the actual appraisal report like? Also, what kind of loan terms did you secure to leave $20k in capital?

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