Off Market Deal: Open to Subject To and Seller Financing


Hey Reader!

Here's the deal!!

North Denver property (between 88th and I-25). Currently a rent-by-the room cash flowing $1,125/month.

The numbers:

  • Current value $465K
  • $355K loan balance
  • 3.125% interest rate
  • $2,080 PITI
  • $40-$50K rehab needed for foundation, egress and landscape
  • $70K down payment required
  • Open to seller financing for remaining equity

Income potential:

  • Rent-by-the-room income $4,025 $3,850
  • Monthly cash flow $1,125

Seller open to seller finance equity and subject to! Retain the current mortgage rate (3.125% !!!)

Amazing opportunity to get into a property in a tight market - reach out to Chad@thefiteam.com for more information!

Craig, Chad & The FI Team

FI Team

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