Three members. 4 doors. Three real deals. Real numbers. No theory. Backed by our Team. From lending, title, remodeling, and property management
SW 50th St - A single-family. Member got it under contract at $85K. Rehab Locked in at $54K — all-in around $139K. Projected ARV: $202,119, comped by a local realtor.
That's >$60K in equity projected to be created.
After the refi pulls his cash back out, it still cash flows $250–400/mo. He owns a $200K asset he didn't have to find, comp, rehab, or close.
NW Cheyenne Ave- A duplex — two units, $900 a side, $1,800/mo coming in. Bought at $60K, $50K rehab, all-in $110K. ARV $165K = ~$55K in equity. Member only put 10% down (~$11K), and the refi pulls that right back out — so he ends up with basically none of his own money left in it, plus ~$350–450/mo cash flow. Two tenants paying him to own it.
NW Santa Fe (update) First deal ever. Closed about 3 weeks ago, and the remodel is nearing the finish line. Bought at $70K, ARV $125K — and he financed 100% of the purchase and the rehab. No money down on his first swing (Just closing costs). ~$30K in equity coming when it wraps. That's what a first deal looks like with this community behind you! Three members. 4 doors, Three assets. Equity created, cash flow coming in, money pulled back out to go do it again.
That's the difference between watching this and being in it!