Possible SUBJECT-TO โ 2.75% FHA โ PRE-FORECLOSURE in DC
2323 Pomeroy Rd SE, Washington DC 20020 - 2.75% FHA loan - $2,000/month payment ๐ NUMBERS: - Loan balance: $327K - Reinstatement: $37,847 - All-in to control: ~$45Kโ$50K - Payoff: $369K Rental Comps - $2000-$2600 Bank (Sun West) Denied 2 Short Sale Deals - $285K was the highest offer. The property is super clean & vacant Any Subject-To people in the group want to advertise? Seller isn't expecting any money - She is trying to avoid having a foreclosure on her record. @Aidelys Hernandez this is the deal we discussed.