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Updated over 7 years ago on . Most recent reply

User Stats

58
Posts
108
Votes
Rashad Luckett
  • Savannah, GA
108
Votes |
58
Posts

Closing On First Delayed Financing Deal Tuesday

Rashad Luckett
  • Savannah, GA
Posted

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!

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