Apr 26 • General discussion
Moved another sub too as the agent, What do you think of this deal? details below
Purchase Price- $315,000
Loan balance- $202,688.36
Seller Carry- $89,000
Down payment w/ closing Costs- $25,019.39
Commission- $9,450
Mortgage- $1,374 Monthly
Seller carry- $375 monthly
Total monthly- $1,749
Rental comps- $2,400
This particular buyer bought this house as a potential primary residence if they decide to move in the future. For now it will be used as a rental to offset the costs of ownership. Owner strategy for this property is to hold as a rental with minimal cash flow now, increase the rent over time and enjoy appreciation over the coming years of a top 5 fastest growing counties in the county. Comps show this property is currently worth over $350,000.
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Moved another sub too as the agent, What do you think of this deal? details below
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Investor Savvy RE Agents educates real estate agents on subject-to and seller financing strategies, unlocking your full sales potential.
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