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Updated about 1 year ago,

Rich Tenor's profile image
Rich Tenor's profile image
Rich Tenor
  • Rental Property Investor
  • from Decatur, GA
  • Member since Jan 17, 2018
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User Stats

17
Posts
4
Votes
Rich Tenor's profile image
Rich Tenor's profile image
Rich Tenor
  • Rental Property Investor
  • from Decatur, GA
  • Member since Jan 17, 2018
Connect
Rich Tenor
  • Rental Property Investor
  • Decatur, GA
4
Votes |
17
Posts
Creative Real Estate Financing

Sub 2 Deal

Rich Tenor
  • Rental Property Investor
  • Decatur, GA
Posted

Currently have a Sub 2 Deal in Burford, GA 30 mins from Atlanta. Unfortunately deal does not have any equity or cash flowing. 

Direct to seller.

Purchase price 325,000

PITI 2,251.00

(Monthly payment Breakdown)

Principal and interest 1717.13

Taxes 191.87

Insurance 144.17

MIP 198.48

HOA 230.00

7-10 year Balloon

Interest rate 5.99

Reinstatement amount 33,093

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