๐Ÿ”ฅ 16-PROPERTY PORTFOLIO โ€“ Subject-To - BALTIMORE, MD ๐Ÿ”ฅ
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.
๐Ÿ“Š Portfolio Numbers (REAL DATA)
โ€ข Total underlying mortgage balance: $2,589,838.32
โ€ข Entry fee: $11,000 per property
โ€ข Total entry: $176,000
โ€ข Entry = 6.79% of total debt โœ…
๐Ÿ’ฐ Income Breakdown
โ€ข Current (Actual) Rent: $26,531 / month
โ€ข Market (Pro Forma) Rent: $32,000 / month
โ€ข Current PITI: $23,086 / month
๐Ÿ“ˆ Why this works
โœ” Control $2.59M+ in real estate for under 7% in
โœ” Mostly Section 8 = stable collections
โœ” Built-in upside of ~$5,469/month by stabilizing vacancies & rent bumps
โœ” Interest-only loans already in place
โœ” Cash flow + long-term refinance equity play
๐Ÿ“Œ Terms
โ€ข As-is
โ€ข Buy all 16 properties together
โ€ข Subject-To existing mortgages (true creative deal)
Aron Roitblat
๐Ÿ“ฒ 347-675-1155
3
2 comments
Aron Roitblat
2
๐Ÿ”ฅ 16-PROPERTY PORTFOLIO โ€“ Subject-To - BALTIMORE, MD ๐Ÿ”ฅ
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