Subto Deal – 3.5% Rate | Vernal UT | Looking for Buyer/Partner
Hey everyone, Josh here. Paul invited me into the group, appreciate being here. I’m working on a subto deal in Vernal, UT and wanted to see if it fits anyone’s buy box or if there’s interest in partnering on it. Quick overview:• Existing loan: ~$368K @ 3.5%• ~$70K to seller (no seller carry)• Rent ~$2,700–$3,000 range• Estimated value ~$480K–$500K range As it sits, it’s more of a long-term hold with modest cash flow, but the low-rate debt and some built-in equity make it interesting depending on strategy. I know it doesn’t fit a stack structure, but figured I’d share in case it fits someone’s model or sparks a different way to approach it. Open to thoughts or feedback as well, still dialing in how to structure these in a way that really works for investors.