Creative Finance Deal NOT TO MISS in LOS ANGELES with high monthly Cashflow

[Bella Batal]

Heya BP members, 

I am SO EXCITED to share a deal NOT TO BE MISSED. The property works for long term as well as mid term. It is in a very safe and highly desirable neighborhood. Plenty to walk to and low inventory area. The property has lots of outdoor space, a soaking pond, sauna, lots of fruit trees and plants. Feels like a little oasis

The seller is highly motivated, and is moving out of the country by end of August, so he's very eager to close the deal.

I have lots of details about the property, here's a quick bullet point list, Number 10 will intrigue you the most:

1. Bought in 2019

2. 2.99% interest rate (AMAZING)

3. Mortgage is approx $3500

4. Complete renovation, turned the property into 3 units.

5. 2bed 2 bath rents for $5k, 1 bed/1bath rents for $3500, and another 1 bed/1bath rents for $2500

6. Only the 1bed/1bath at $3500 is currently occupied by a tenant

7. Comps are $2.2 million

8. Selling price is $2.1 million

9. Will do creative financing on the full property

OR 

10. The Seller is one of 3 owners, and is open to selling his portion of the ownership cash. The asking price is very doable, and the valuation is quite high. One of the partners is the contractor who lives next door, and so everything is done at cost. 

Message me to discuss this deal further.