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Updated over 7 years ago,
Closing On First Delayed Financing Deal Tuesday
I am closing on my first Delayed Financing deal this coming Tuesday!
3bd/2ba 1200sq ft
Original Cash Purchase: $62k
Rehab: $15k
After Rehab Appraisal: $112k
DFE Cash Out: $61k (slightly less than original purchase due to some closing costs)
Rent: $1075/mth (rented about a week after rehab)
This is buy and hold number 5 and we are looking for number 6!