Great property to buy and hold. Keep the mortgage long term or Refi it with lower rates to recoup your repair costs.
Repair Estimate: $10,000-15,000
Sales Price: $60,000
Market Rent: $850-950
Take the property over subject-to the existing Mortgage
**Tenant Occupied. Do NOT disturb the tenants. Schedule appointment with us**
Link to Additional Pictures
We are marketing this contract for purchase. We hold an equitable interest in the contract. We may choose to assign at closing, or, double close. The price includes both the contract purchase as well as the original price to purchase the property. Regardless, the closing process at the title company is the same. We have opened escrow and will deliver title commitment for your review. We intend to purchase this property whether we sell the contract or not.