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Investment @property Directory

SFH Renters & C4D Buyers Waiting in Line

Partner Needed

Listing Expired 17 days ago

XXXX East Rusk Street
Mt. Enterprise, Texas 75681 Get Map


Posted February 08, 2012



Description:

I need a partner for quick close.

No rehab needed. Renters and contract for deed tenants waiting in line.

Large home severely under valued.

I have an accepted offer of $85k. Market and appraised value is $139,000.

Completed inspection with minor repairs.

Heavy interest for owner finance as exit strategy.

Original investor wigged out.

Terms $85k cash, hard money or whatever.

Exit strategy:
Owner finance with 10% down on either 5 or 10 year note with balloon. 11.9% interest rate.

I would like $2,000 and tiny adjoining lot at closing for coordinating deal.

I will handle everything.

Trulia listing for pics

http://www.trulia.com/property/3052852618-300-E-Rusk-St-Mount-Enterprise-TX-75681

UPDATE

ORIGINAL PARTNER CAME THRU CLOSED AT $79,900.

SOLD ON CONTRACT FOR DEED AT $99,900 @ 11.9%

I’m mobile – Brandi Jo (214) 455 8419