Jan '25 • General discussion
Opportunity to Mirror Subto Agreement.
I also got a sub to in Texas.
Here are the details of the property:
Purchased SubTo and would like to mirror the existing SubTo agreement.
📍Location Highlights:
✈️ 20 minutes from San Antonio International Airport
🚍 10-minute walk to nearest Bus Stop
🏟️ Less than 8 mi from the Alamodome
🏞️ 9 miles from San Antonio River Walk
🏥 Less than 8 miles Brooke Army Medical Center
Property Details:
3Beds/2.5bth
Build 2019
HOA: $100/yr; 12 mos lease min
Interest 5.35%; mortgage balance approx. 154K
ARV 210K (2 liens total 23K; mortgage assistance. 17K lien 0% interest, no payments, paid at sale/refi; 6K lien drops off at refi or sale).
LTR: $1800/month
Entry Fee: Negotiable
Property will need around 3-5K in basic cosmetic repairs.
Property is currently vacant. Selling because I need to free up capital and no longer fits my buy box.
Let me know if you have any questions!
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Opportunity to Mirror Subto Agreement.
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