2 Single Family Houses Purchased Together
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $125,000
Cash invested: $30,000
2 rentals, one at $875 and another at $900
How did you finance this deal?
Bank financing for commercial
What was the outcome?
15% cash on cash after expenses and assuming 28% for vacancy, capex, maintenance, and management.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
FNB of Okmulgee