Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago,
Busy Mom- Closed Rental #3!!! Pictures
I closed on rental #3 a few weeks ago and I have rental #4 under contract!! Exciting stuff :) I had a little help in structuring the deal: Find the link here Thank you @Mark Holencik for all your help. Pictures and #'s below:
Purchase Price: $68,000
Down: $5,000
Owner Finance: $63,000 @6 % for 20 years
PITI: $593.16
Rented: $950
Rental house #4 under is under contract and I'm 1031 exchanging rental house #2 into a better deal :) Read about rental #2 here. I have about a $40K mortgage and selling for $80K :)