πŸ”₯ 16-PROPERTY PORTFOLIO – Subject-To - BALTIMORE, MD πŸ”₯
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.
πŸ“Š 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 βœ…
πŸ’° Income Breakdown
β€’ Current (Actual) Rent: $26,531 / month
β€’ Market (Pro Forma) Rent: $32,000 / month
β€’ Current PITI: $23,086 / month
πŸ“ˆ Why this works
βœ” Control $2.59M+ in real estate for under 7% in
βœ” Mostly Section 8 = stable collections
βœ” Built-in upside of ~$5,469/month by stabilizing vacancies & rent bumps
βœ” Interest-only loans already in place
βœ” Cash flow + long-term refinance equity play
πŸ“Œ Terms
β€’ As-is
β€’ Buy all 16 properties together
β€’ Subject-To existing mortgages (true creative deal)
Aron Roitblat
πŸ“² 347-675-1155
3
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Aron Roitblat
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πŸ”₯ 16-PROPERTY PORTFOLIO – Subject-To - BALTIMORE, MD πŸ”₯
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