Big Changes in the Oklahoma City real estate marketNovember Video 6

This is a special message for investors in Oklahoma City real estate looking for new homes. First let me share some great news. Between two builders we will have 160 duplexes available for sale in six locations. We have been waiting for over 3 years to have this type of investor property for sale and we are pleased to offer it to you. Duplexes are subject to normal Fannie Mae financing and often the rates are higher than single family homes but today they are the same. All off these will be 3 bedrooms, two baths, and 2 car garages per side, and they will come fully equipped to nothing will be needed to be added to make them rent ready. They also have upgraded features so highly desirable. They are a benefit to you for a couple of reasons. First we get longer term tenants so we have the lowest vacancy rate. Second you are getting two rentals on one mortgage so this allows you to build up the number of doors for rent you have with the ten home Fannie Mae limit on mortgages including your personal home and a second home. Finally with the median price of a single family home in the US now $438,000 we have duplexes at $405,000 and $351,900 for the whole thing, two for the price of one. In a previous videos I also talked about our most affordable builder, Rausch Coleman, being sold to the second largest builder in the US, Lennar Homes. I am sad that these homes are going away since Lennar homes are at least $20,000 higher for the4 same square footage. The good news is we have ample inventory now and through the end of March for closing so you need to act fast. The Oklahoma City market has stayed a sellers market even through this high interest rate period so getting affordable duplexes and very affordable new homes is unique to the United States market. Act now and start building your wealth through investing in Oklahoma real estate for positive cash flows and consistent affordability that goes back to the 1990s. Please contact us at [e-mail].