Single family house in Dayton Ohio

[Jake Worley]

Investment Info:

Single-family residence buy & hold investment in Yaphank.

Purchase price: $83,000
Cash invested: $25,000

Single family house with a strong rental history

How did you find this deal and how did you negotiate it?

My agent in Ohio sent it to me

How did you finance this deal?

Conventional financing

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Ja'net Hines

[Jake Worley]

Hi Andrew, the rent is $850 and the tenant pays all utilities. The loan is conventional 25% down 7% APR. The rate wasn't ideal but with the loan amount being low, it isn't too bad. I have a few properties in CA and the entry point was much higher with similar return so i will be looking to buy more property in Ohio this year.