Need opinions from investors with more than 4 properties.

[Adam Black]

Trying to see what the demand is for turn key properties that require 25% down. I might have a private lender that will lend on deals that have 25% invested and would go beyond the 10 max that FNMA has. Average deal would be $70,000 Appraisal, sell for 75% of that, so buyer would be coming to table with around $14,000. 6%-7% rate on a 30yr fixed note. Most properties rent for $725-$800 so cash flow will be high $200s after all expenses. Property management would be provided by seller with 45 days inspections of property.

This is not an advertisement, I just want to see if this kind of deal appeals to you guys. If it does, I know I can market it elsewhere. Our problem is getting lenders to buy 0 down right now so we are looking for differnet avenues.