Investors in single family residence in fractional shares in Marin county California

[Mat Kiisk]

Investment Info:

Single-family residence other investment.

Purchase price: $490,000

This is a unique opportunity to participate as a investor in a single family residence valued at $3M and higher. Through the LLC structure it is possible to take advantage of the existing mortgages modified first at 4,125% 22yers and 1%, yes one percent, for 40 years. This allows servicing $1.9 M at $7305. There will be no assessment for increase in taxes or insurance so remains at $1935. This translates to at least $10 K a month in savings. The offering would be at 490 units at $1000 unit