Rental Property Investor · Where we are parked · Member since 2013 · 584 posts · 178 votes
I have a Bakersfield, CA SFR under contract. Here are the details:
3/2, 1500 sq ft, in-ground pool, koi pond (concrete, not plastic), 17,000+ sq ft lot.
I purchased for just under $175,000 including arrearage and seller move-out. Approximately $10,000 in repairs needed, not including roof. Shake roof has 1 year certification remaining.
Loan is 2 years old, fixed rate. Monthly payment is $1259 PITI.
Referrals fees paid for end buyer referrals. End buyer price $203,900. Willing to carry for end buyer with minimum $30k down.