3rd Deal in 2021 in the Craziest Ocala Market..

[Murali Jesudoss]

Hello BPers,

I would like to share my 3rd successful closing this year.. Note that I started investing this year :-)

Single Family Home. Buy And hold Rental.

Ocala, FL - Ocala Park Estates, 2019 Built, 1008sq ft or so. 3B/2B/1G.

Price: $135K - It actually appraised only for $129K or so but the current similar or inferior listings are there for 150K :(

Conventional Loan with 3.625 rates 20% down before the rate hikes started (no points).

Not yet rented and hoping for $1300+ rental, Fingers crossed.

@Clay Lehman and team is awesome! Thanks to the community and the knowledge. @Nick Giulioni inspired me :-)

I have 2 more new constructions in the area, but they are closing in summer. No rates locked unfortunately and had to pay higher interest.

One more closing in April in KC-MO Buckner area through roofstock. Will share more details once closed.

@Clay Lehman

[Mike Dymski]

Nice work.  While others are wasting time complaining about moratoriums, the government, the media, high prices, and everything else we can't control, you're making it happen.