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Updated about 8 years ago on . Most recent reply
Seeking JV Partner On Two Georgia Duplexes And One SFR
Hi!
I came across these three deals yesterday. I am going to physically inspect them tomorrow. But I could really use a JV partner to help funding the 10%-20% out-of-pocket expenses per hard money lender requirements.
DUPLEX #1
2 units: 2 bed 1 bath each
Purchase Price: $71,500
Gross Rent: $20,400 ($900/month + $800/month = $1,700)
DUPLEX #2
2 units: 2 bed 1 bath, and 1 bed 1 bath
Purchase Price: $46,000
Gross Rent: $15,000 ($700/month + $550/month = $1,250)
SFR
3 bed 2 bath 1400 Sq ft
Purchase Price: $48,000
Gross Rent: $10,800 $900/month - tenant occupied
If you are interested, please contact me right away. I’ll be happy to tell you about myself and provide the break-out of numbers.