First Owner Finance Property (Current)

[Alex T.]

Investment Info:

Single-family residence buy & hold investment in Houston.

Purchase price: $85,000
Cash invested: $15,000

First owner finance property cash flowing with loyal tenants that also take care of the property's maintenance. Used a hard money loan for a minor rehab then rolled it over to a 20 year wrappable loan with no balloon. Will most likely hold on to this 20 year owner financed property.