All Forum Posts by: Jake Worley

Hi Sarah, great looking property. What type of financing did you use?

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $74,000
Cash invested: $74,000

Single family home rented at $797 per month tenant pays all utilities.

What made you interested in investing in this type of deal?

This property had a long term tenant and was in good overall condition.

How did you find this deal and how did you negotiate it?

My realtor sent it to me.

How did you finance this deal?

Cash

What was the outcome?

Bought and holding

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Ja'net Hines

 Thank you Jonathan

 Thanks Andrew

 Hi Jeff, the house is in Dayton, Montgomery County for whatever reason when i entered Dayton into the posting, it was changed to Yaphank.

Thank you Steven, I am open to properties in Columbus if you come across something good.

Hi Andrew, the rent is $850 and the tenant pays all utilities. The loan is conventional 25% down 7% APR. The rate wasn't ideal but with the loan amount being low, it isn't too bad. I have a few properties in CA and the entry point was much higher with similar return so i will be looking to buy more property in Ohio this year.

Investment Info:

Single-family residence buy & hold investment in Yaphank.

Purchase price: $83,000
Cash invested: $25,000

Single family house with a strong rental history

How did you find this deal and how did you negotiate it?

My agent in Ohio sent it to me

How did you finance this deal?

Conventional financing

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Ja'net Hines

Hi Ben, thanks for the response. I have a rental in Dayton so periodic repairs come up and Ive been looking into buying fixer properties to rehab and rent. So the answer is full rehab and property management repairs. Thanks

Hello, i am looking for a few contractor referrals in Dayton Ohio.