Calling all rehabbers, this is a big TLC. Down to the studs renovation. Needs new floors, kitchen, update bathroom, fix sheetrock on ceiling, windows, roof, etc. Once done with rehab, can implement the BRRR strategy.
Selling the contract for $3900 or best offer.
ARV – $50-60k
Repairs – $25-35k
Rent – $650-750
There have been a FEW handful cherry picked homes around the area that have been rehabbed and remodeled.
Small BRRR, the play here is to come in rehab and then refi out. Put a tenant in there for $700/month.