SPU strives to bring CREATIVE FINANCING to our investors!
$20K assignment fee – SUB 2 DEAL. Call Jamie Stevens for more information regarding SUB2.
This 4-bedroom, 2-bathroom home offers 1,625 sq. ft. of potential-packed space in a prime location. Perfect for investors, this property is available as a subject-to (Sub2) deal, making it an excellent addition to your buy and hold portfolio. This property was renovated 2 years ago so add a fresh coat of paint and be rental ready. The new HOI quote for this property drops the current mortgage payment by $200! Averaging rent at $1550 generates a cash flow up to $550 per month!
Outstanding principal balance is $143K. Secure Today- You will not have to pay a mortgage payment until APRIL 1ST! This gives you plenty of time for touch ups and to get a tenant in PLACE!
Located in Gautier, MS, close to schools, amphitheater, shopping, and local amenities.
Don’t miss out on this incredible opportunity! Contact us today for details and to schedule a viewing.
**You are NOT purchasing the property for $20K. You are essentially purchasing the TERMS of the loan. **