15d (edited) • Post Your Deals Here
🏠 Seller‑Financed Deal — Attalla, AL (111 Hughes Ave)
Purchase Price: $67,088
Down Payment: $7,188
Financed Amount: $59,900
Interest Rate: 9 % fixed
Monthly Payment: $829
Balloon Term: 7 years
Condition: Vacant — Heavy Rehab 55-60K
ARV: ≈ $185K
Market Rent: $1,750 – $1,950/mo
Section 8 Rent: ≈ $1,850/mo
Assignment Fee: 12,500
Why it’s a win:
- for seller‑finance buyers
- Vacant = ready for rehab crews
- Clean title, assignable PSA
- Closing ≈ July 13 (14 days from execution)
Exit options:
- Refi after rehab
- Rent for cashflow
- Assign for quick profit
Status: Under contract — assignable.
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🏠 Seller‑Financed Deal — Attalla, AL (111 Hughes Ave)
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