7 Single Family Homes - Purchase, Buy Out, or Subject To / Existing Financing Resale

[Luther Wilson III]

Package of 7 single-family home investments

Seller is looking to restructure some debt, resale, or bring in private capital / private equity for one or more of these properties

The whole package brings in just over $10,000 a month - performing as 25 - 30 year installment agreements

Combined, the properties are worth $1,500,000 (as a whole)

The existing financing for all 7 houses together is under $945,000

The amount owed to the seller, from their installment agreement buyers is over $1,140,000 

NET cash flow potential is around $2,300 a month

There are individual mortgages and individual notes for each house

Owner will entertain capital investor-joint ventures OR for the right investor - an existing financing resale for one OR more of the properties

Contact Luther Wilson III for more information