Aug 8 (edited) • Deals & Wins 💰
Today's Multifamily Win - 3.25% & 3.75% Interest Rate 🏠🏠
Today, me & just closed on the 2nd side of a duplex (we already owned the first side). Now we own the whole thang! And they were both recently remodled so we did NOTHING.
ALL ON CREATIVE FINANCE TERMS - TWO DIFFERENT SELLERS
The first side terms:
- Closed 6/6/2025
- Took over existing mortgage Subject to (3.25% @ $140K note)
- $18.5K down
- $30K seller finance @ 0% interest ($3K annual installments to seller)
- Exit strategy: Tenant paying $1500/mo (+$350 monthly cash flow) 💰
The second side terms:
- Closed today 8/8/2025
- Took over existing mortgage Subject to (3.75% @ $146K note)
- $18.5K down
- $16.7K seller finance @ 0% interest for 4 years ($333 monthly payments to seller after 12 months)
- Exit strategy: Tenant lined up to pay $1600/mo (+$450 monthly cash flow) 💰
- as the private money equity partner!
+$800 cash flow on this duplex
This is the kind of deals you guys can learn how to structure in this community, for not only your buyers and get fat assignments but also for your portfolios. 💰💰
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Today's Multifamily Win - 3.25% & 3.75% Interest Rate 🏠🏠
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