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Updated 5 months ago on . Most recent reply
Investment Opportunity in Texas
We are seeking $165,000 to secure a general warranty deed on a prime property. Here's the breakdown:
- Loan to Assume: $675,000 1st position loan
- Total Investment: $840,000
- Property Value: $1,125,000 (74.5% LTV)
- Status: All duplexes are rented
- Timeline: Assumable loan due in December, with refinance lined up and ready.
Details:
- Proof of Funds & Approval: Available upon request.
- Deadline: $165,000 needs to be wired by Friday, October 11th to the title company to secure the deal.
- Security: You'll be on title and the insurance policy.
- Personal Guarantee: Provided.
- Promissory Note: For the $165,000.
- Exit Strategy: You're off the title and paid in full upon refinancing completion.
Don't miss this opportunity to invest in high-value, fully rented duplexes!
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