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Amanda Sutherlin
  • Flipper/Rehabber
  • Spring Hill, FL
132
Votes |
234
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Busy Mom- Closed Rental #3!!! Pictures

Amanda Sutherlin
  • Flipper/Rehabber
  • Spring Hill, FL
Posted

I closed on rental #3 a few weeks ago and I have rental #4 under contract!! Exciting stuff :) I had a little help in structuring the deal: Find the link here Thank you @Mark Holencik for all your help. Pictures and #'s below:

Purchase Price: $68,000

Down: $5,000

Owner Finance: $63,000 @6 % for 20 years

PITI: $593.16

Rented: $950

Rental house #4 under is under contract and I'm 1031 exchanging rental house #2 into a better deal :) Read about rental #2 here. I have about a $40K mortgage and selling for $80K :)

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Mark Holencik
  • Investor
  • Coplay, PA
315
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Mark Holencik
  • Investor
  • Coplay, PA
Replied

Congratulations, glad I could help. 

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