Possible SUBJECT-TO – 2.75% FHA – PRE-FORECLOSURE in DC
2323 Pomeroy Rd SE, Washington DC 20020
  • 2.75% FHA loan
  • $2,000/month payment
📊 NUMBERS:
  • Loan balance: $327K
  • Reinstatement: $37,847
  • All-in to control: ~$45K–$50K
  • Payoff: $369K
Rental Comps -
$2000-$2600
Bank (Sun West) Denied 2 Short Sale Deals - $285K was the highest offer.
The property is super clean & vacant
Any Subject-To people in the group want to advertise? Seller isn't expecting any money - She is trying to avoid having a foreclosure on her record. this is the deal we discussed.
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1 comment
Bobbie Breitkreutz
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Possible SUBJECT-TO – 2.75% FHA – PRE-FORECLOSURE in DC
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