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