Updated about 5 years ago on . Most recent reply
First Property- Turnkey SFR
Investment Info:
Single-family residence buy & hold investment in Oklahoma City.
Initially a 13% CoC return rate. We switched tenants and now have a 18% CoC return. Long term hold as we are bullish on the Oklahoma residential market.
How did you finance this deal?
Conventional financing. We found a solid local lender who was able to do loans as low as 30k.
How did you add value to the deal?
Annual rent increases
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes, I have some great local agents, property managers, lenders, insurance companies and contractors. DM me for a referall!