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Updated over 5 years ago,

User Stats

7
Posts
1
Votes
Ed McClements
1
Votes |
7
Posts

BUY WITH 3.5% DOWN, SELLER CREDIT 6% & NET MORTGAGE $800/MO!

Ed McClements
Posted

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Stillwater.

Purchase price: $247,000
Cash invested: $9,134

Real Estate Investment in a 2 family home in Stillwater, Saratoga County, NY Purchased with 3.5% owner occupied FHA loan. Buyer agreed to a 6% credit from the SellerThe reduced the buyer's cost to $9,134 to close on this property. 5 bedrooms, 3 full baths, 2,600 sq. ft. Net mortgage cost to Buyer $800 per month!