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Updated over 12 years ago on . Most recent reply

User Stats

41
Posts
3
Votes
John Hall
  • Real Estate Investor
  • Denver, CO
3
Votes |
41
Posts

Current deal

John Hall
  • Real Estate Investor
  • Denver, CO
Posted

I've been absent on here for a while because I've been busy working. Finally locked in a rate for the first property, 1,850 condo - 3bed/2bath @ 101k 25%down for 15 year loan. 560 Principal and Interest. That's 3.5%

Place should be bringing in 1,200 a month (I've got a management company I'm already working with and showing the place to this weekend)

I've been postponing adding this on here until I knew we were getting accepted, but the seller just talked to the loan officer on our side to make sure everything is approved. I'm excited, I mostly am excited about the 3.5 for an investment property, picked the right time. ;)

(not too happy w/ the 25% or the 15 term, but it's the first one, so I have to be flexible)

Hope everyone is doing great out there!

~John

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