Busy Mom- Closed Rental #3!!! Pictures
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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Congratulations, glad I could help.