Updated almost 7 years ago on .
Property Number Two
Investment Info:
Single-family residence note investment investment in El Reno.
Purchase price: $53,000
Cash invested: $5,300
Myself and two buddies went in together on this property. Currently we ABNB it and have had great success!
What made you interested in investing in this type of deal?
I knew there was a market for renting in the area due to the oilfield, and at this price point it had to be done.
How did you finance this deal?
Conventional loan - 20% down split between myself and two other dudes.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Ol Tanner Nelson with Berkshire Hathaway.
