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Updated over 9 years ago on . Most recent reply

Molly S Ringer's profile image
Molly S Ringer's profile image
Molly S Ringer
  • Real Estate Agent & Investor
  • from Clermont, Florida
  • Member since Aug 5, 2015
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Molly S Ringer's profile image
Molly S Ringer's profile image
Molly S Ringer
  • Real Estate Agent & Investor
  • from Clermont, Florida
  • Member since Aug 5, 2015
Connect
Molly S Ringer
  • Real Estate Agent & Investor
  • Clermont, FL
4
Votes |
33
Posts
Florida Real Estate Q&A Discussion Forum

Buy and hold in South Lake County, ISO hard money.

Molly S Ringer
  • Real Estate Agent & Investor
  • Clermont, FL
Posted

I've got a small cabin on a canal w Clermont chain of lakes access about 100 yards in from the lake that I'd like to buy, rehab, and hold.

I need $40k, arv should be $70k and rent for at least $800 mo and probably closer to $950. If I rent $850 at 10% CAP that's around $102k.

TIA folks!

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