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All Forum Posts by: James Sizemore

James Sizemore has started 1 posts and replied 2 times.

New Member Introductions

Post: New member introduction

James SizemorePosted
  • Circleville, OH
  • Posts 2
  • Votes 0

Jim, I'm in Circleville as well. I'm new to RE myself. My focus is on multi-family. I started this year and just bought my second duplex in Roundtown. I would be glad to meet and talk and share ideas and experience.

0 Votes
Real Estate Deal Analysis & Advice

Post: My first rental purchase.

James SizemorePosted
  • Circleville, OH
  • Posts 2
  • Votes 0

I'm negotiating on my first purchase. I'm making an offer of 95K. It's a two unit rental. One renter's lease is in place until October and the other renter's agreement is until AUG. Both units rent for $680/mth. I can get a 30 year loan at 5.5% and 20% down. There would be a $230 monthly cash flow. I'm factoring 30% monthly for vacancy, repairs and capital investments. What are you thoughts?

0 Votes