Hi All .. I have been a little under the weather, please introduce yourselves and head to the classroom.. give me a few days to get well and I will get out next office hours on the schedule.
I made about $50 k net profit on this deal because the HUD below doesn’t show the $25 k in rehab costs. My loans shows a balance of $75k but that’s after a previous BRRR .. I actually only bought this house for $21k about 13 years ago.
I spend this property as a rental for 13 years ..originally bought it for $21k .. yes that’s right .. been renting it for $1250 .. did a BRRR twice and finally renovated to sell .. to repurpose the funds into something else. https://s.hartech.io/t9F6RfhJnkj