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9
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4
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Herman Stevens
  • Bakersfield, CA
4
Votes |
9
Posts

Ohio Deal (Too good to be true?)

Herman Stevens
  • Bakersfield, CA
Posted

I'm fairly new to real estate investing (and first post). I currently own a home (soon to rent), and I'm closing on a 4 plex (Owner occupy) soon.

In looking for better return, I came across this (and others):

http://www.loopnet.com/Listing/20018656/9539-Greenmeadow-Rd-Windham-OH/

I'm capable of running my own numbers, but looking at the numbers presented, why not? I would need to verify the numbers as usual, and I have some concerns. This may be overpriced for the market and posted higher due to seller financing and the COC return. Thoughts?

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