100% Owner finance deal
Anyone interested in real estate. Have an offer and i will be honest this is somewhat risky, but with risk is reward...need someone hands on.. update on the numbers and deal. 100% financing which is unheard of for 25 units consist of a 6 unit half occupied, 4 unit fully occupied and rest doubles and singles in lower class c areas in rochester. Need about 20k or so to close can possibly spilt. Collected rents of 9 to 10k currently with potential of 17k or so. Cons: Price points are tight, lower end areas,needs some turnovers,vacancy. Pros: value add,cashflow, no banks needed 100% financing and opportunity to grow with lender. We can partner and spilt expenses and income, i can handle turnovers and management. To seriously discuss or get more info let me know