Apr 13 • 🪙 Deals
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.
3
2 comments
Subto Deal – 3.5% Rate | Vernal UT | Looking for Buyer/Partner
skool.com/fundinghub
Bird dog transactional funding (gator lending), get a White Label site, and work w Owners Club member, Paul, making money via EMD, DC & morby method
Leaderboard (30-day)
1
+135
2
+100
3
+80
4
+47
5
+45
Powered by