Great for first time landlord. Only $6500 downpayment. No qualifying for loan. Put in some Sweat equity for repairs and you are on your way to your first cashflowing rental.
Brick rancher- 3 beds- 1 bath in an transitioning neighborhood. Average area rents are $900-$950 for a 3 bedroom in this area. Please as always, due your own due diligence on repairs, rents, ARV.
This is a JV sub2 assignment
Cash out of pocket is $6500
15 years remaining on loan
4% fixed interest rate
$639 piti
Mortgage remaining appx $49k
Call Eric Savage for showings 804-904-1959
For contract info call Leola Bivins 570-688-5252