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I own a vacant lot in Jackson County Florida. 1.32 acres, zoning AG-2, has power, 0 flood/wetlands, road access, build SFH or mobile home. Asking 23k. If interested send me your email for more details.
Another one! Seller finance fix and flip! 0% interest! 3yr Balloon.
🏡 Investment Opportunity Alert! 🌟 Discover another incredible real estate investment in San Antonio, TX! The one from earlier already got assigned. This is a different property in nearby area. same rental rate. Perfect for fix-and-flip and potentially buy-and-hold investors, this property promises excellent profit margins and steady cash flow. 💰 🔹 Deal Highlights: - Purchase Price: $93,000 💵 - Assignment Fee: $7,000 - Down Payment: $27,900 (30% of Purchase Price) - Amortization period: 30 year schedule. - Balloon Mortgage Term: 3-years with optional extension of 1 year. - Financed Amount: $61,500 - Interest Rate: 0% 🏦 - Monthly Payment to Seller: $350 🔸 Projected Financials: - Monthly Rent: $1,500 🏠 - Monthly Cash Flow: $878.18 - Annual Cash Flow: $10,538.16 - Fix and Flip Profit Margin: ~30% 📈 🔹 Estimated Monthly Expenses: - Property Taxes: $171.82 💸 - Insurance: $100 - Total Monthly Expenses (PITI): $621.82 🔸 Why Consider This Deal? - 0% Interest Rate: Reduces borrowing costs and boosts your profit margin! - Competitive Purchase Price & Fee: Aligns with local market values. - Strong Rental Market: Projected rent aligns with area comps. - Clear Legal Path: Includes vital documents like the Promissory Note & Deed of Trust. - Flexible Exit Strategy: Suitable for both fix-and-flip and buy-and-hold strategies. 🔹 Secure Your Investment with Comprehensive Documentation: - Inspection Contingency: 5-day inspection period 🔍 - Financing Contingency: 5 days to secure financing - Title Contingency: Clear title assurance within 5 days - Due Diligence Period: 5 days for thorough research 📑 - Default Clause: Protects both parties - Non-Disclosure Agreement (NDA): Ensures confidentiality 🔒 - Closing Date: Within 14 days or sooner if desired. 📅 - Escrow Clause: Funds secured until conditions met - Seller's Disclosures: Transparency about property condition - Assignment Clause: Transfer rights with seller cooperation - Indemnity Clause: Mutual protection from liabilities
Opportunity to Mirror Subject to 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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Buy & Hold/ Fix & Flip Opportunity. San Antonio TX
1. Purchase Price with Assignment fee: $159,999 - Purchase Price with Seller: $149,999 2. Down Payment: $100,000 3. Seller Financing Terms: - Amount Financed: $49,999 - Interest Rate: Adjusted to 11.2% to achieve higher $500/month payment requested by seller - Amortization Term: 30 years - Balloon Payment: Due in 5 years 4. Monthly Payment to Seller: $500/monthly 5. Third-Party Servicing Company: - A third-party servicing company will be hired to manage and ensure timely monthly payments to the seller, providing assurance and convenience for both parties. 6. Closing Costs: - Estimated at 2% to 5% of the Purchase Price, approximately $3,000 to $7,500, to be paid by the buyer. 7. Repair Costs: - Buyer to cover estimated repair costs of $25,000. ARV= $175k (conservative) 8. Contingencies: - Property Inspection: End-Buyer reserves the right to have a 7-day inspection period and conduct a thorough inspection. - Financing Approval: Subject to securing acceptable financing terms. 9. Assignment Clause: - The buyer has the rights to and plans to assign this contract to an end buyer for a profit of $10,000. The assignment fee, will be paid by the end buyer upon closing. 10. Refinance or Sale Clause: - The end buyer may refinance or sell the property at any time if it is deemed financially advantageous to do so. 11. Performance Deed-in-Lieu Clause: - In the event of a default, the buyer agrees to provide a performance deed-in-lieu of foreclosure, allowing the seller to reclaim the property without a formal foreclosure process. 12. Additional Terms: - The buyer seeks to negotiate additional terms to maximize rental income and ensure mutual satisfaction. 13. Monthly Cash Flow: - Estimated Monthly Rent: $1,900 - Monthly Operating Expenses: $380 - Monthly Cash Flow: $1020 14. Final Balloon Payment: - Using the adjusted interest rate and payment schedule, calculate the remaining balance due at the end of 5 years. 15. Proposed Closing Date: - 14 days from contract acceptance, or sooner if desired.
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