First Deal in the Bag!
Closed on my first property ever today! Duplex in Philly that I bought with cash and will refinance in 6 weeks once the renovations are complete, after which I should be able to still cash flow ~$500/month while also getting almost all of my initial investment back. Oh, and as a bonus, the closing costs have come in under $1k than initially predicted, increasing my cash on cash for this property by a few percentages! Here are some before photos:
Will post after photos once our renovations are complete! My goal is to then close on one more property this year and 5 properties next year. Hold me to it!