🔥 16-PROPERTY PORTFOLIO – Subject-To - BALTIMORE, MD 🔥
SubTo Rare opportunity to acquire a 16-property portfolio Subject-To existing financing. LLC transfer, no traditional closing, mortgages stay in place until refinance makes sense. 📊 Portfolio Numbers (REAL DATA) • Total underlying mortgage balance: $2,589,838.32 • Entry fee: $11,000 per property • Total entry: $176,000 • Entry = 6.79% of total debt ✅ 💰 Income Breakdown • Current (Actual) Rent: $26,531 / month • Market (Pro Forma) Rent: $32,000 / month • Current PITI: $23,086 / month 📈 Why this works ✔ Control $2.59M+ in real estate for under 7% in ✔ Mostly Section 8 = stable collections ✔ Built-in upside of ~$5,469/month by stabilizing vacancies & rent bumps ✔ Interest-only loans already in place ✔ Cash flow + long-term refinance equity play 📌 Terms • As-is • Buy all 16 properties together • Subject-To existing mortgages (true creative deal) Aron Roitblat 📲 347-675-1155