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.
๐ Portfolio Numbers (REAL DATA)
โข Total underlying mortgage balance: $2,589,838.32
โข Entry fee: $11,000 per property
โข Total entry: $176,000
โข Entry = 6.79% of total debt โ
๐ฐ Income Breakdown
โข Current (Actual) Rent: $26,531 / month
โข Market (Pro Forma) Rent: $32,000 / month
โข Current PITI: $23,086 / month
๐ Why this works
โ Control $2.59M+ in real estate for under 7% in
โ Mostly Section 8 = stable collections
โ Built-in upside of ~$5,469/month by stabilizing vacancies & rent bumps
โ Interest-only loans already in place
โ Cash flow + long-term refinance equity play
๐ Terms
โข As-is
โข Buy all 16 properties together
โข Subject-To existing mortgages (true creative deal)
Aron Roitblat
๐ฒ 347-675-1155