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.
π Portfolio Numbers (REAL DATA)
β’ Total underlying mortgage balance: $2,589,838.32
β’ Entry fee: $11,000 per property
β’ Total entry: $176,000
β’ Entry = 6.79% of total debt β
π° Income Breakdown
β’ Current (Actual) Rent: $26,531 / month
β’ Market (Pro Forma) Rent: $32,000 / month
β’ Current PITI: $23,086 / month
π Why this works
β Control $2.59M+ in real estate for under 7% in
β Mostly Section 8 = stable collections
β Built-in upside of ~$5,469/month by stabilizing vacancies & rent bumps
β Interest-only loans already in place
β Cash flow + long-term refinance equity play
π Terms
β’ As-is
β’ Buy all 16 properties together
β’ Subject-To existing mortgages (true creative deal)
Aron Roitblat
π² 347-675-1155