We just got our 6th single family home rental under contract for $193k in an amazing neighborhood here in West Omaha.
We will need to put $7k into it for total financing needed at $200k. We have secured private financing of $100k with someone who invested in our last property.
We are now in need of an additional $100k to close on August 2nd. Any suggestions?
Just an added FYI, we only buy super clean, well maintained ranch villas and townhomes on HOA's in the suburbs of Omaha NE.
We also are very stringent on who our tenants are (no pets/smoke/etc.), and we have each unit professionally cleaned once a month or once every two months.
Hey @Todd Doxzon , wondering how much you plan on renting the house out for when the reno is done?
Congrats on getting the contract from a fellow West Omahan.