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Updated about 8 years ago,
Preforeclosure contracted Sub2-Is this a deal?
Hello BP. Well after a dedicated year I have a deal! Please help, any insight to the validity of deal would be much appreciated.
Subject to existing financing.
Cure of back payments: $30,523.54
Closing Cost : 600 (or less)
Outstanding Principle Balance: $ 237,355.83
Original Principle Balance: $245,113.00
Mortgage (PITI) $ 1175.89
Rentometer estimate: $1695-1700
Interest Rate: 2%
Type: VA 30 Yr Fixed
Rehab Cost : $7.5k-10k
( Realtor Comps)
Listing Price between $339,900 and $425,000
4 Bedrooms
4 Total Bathrooms
2,887 to 4,300 Square Feet
$92.92 to $124.66 per Square Foot