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Updated over 1 year ago on . Most recent reply

User Stats

28
Posts
2
Votes
Michael Malyszko
  • Addison, IL
2
Votes |
28
Posts

💥SUBTO FOR ASSIGNMENT Chandler AZ 85225

Michael Malyszko
  • Addison, IL
Posted

💥SUBTO FOR ASSIGNMENT Chandler AZ 85225

💥SUB-TO Mortgage Balance 473k

💥Purchase Price 511k

3 bedroom, 2 bath 1,599 sqft built in 1993 in the HIGHLY desired Provinces community. A private backyard oasis with a newly updated pool in 2021.

✅NO BALLOON

✅6.75% Rate

✅29/month HOA

✅Total Monthly Payment PITI 3,762.40

✅LTR 2,500

✅NO Rental Restrictions (STR, 47K annual , 59% occupancy , 220 daily rate)

✅MTR 4,500-5,500 Chandler Regional Hospital-2.91 miles away, Arizona Orthopedic And Surgical Speciality-3.58 miles away, Hacienda Children's Hospital-4.37 miles away, Southeast VA Health Care Clinic-4.82 miles away, Mercy Gilbert Medical Center-5.10 miles away

✅Padsplit or co-living (add 2-4 extra bedrooms) 225/week each bedroom, 4,500-6,300 monthly)

✅Total Entry Fee 38k

✅Buyer Pays closing costs

💥5K non-refundable EMD Email: ryan.replaybook.com for more info or to schedule a call 813-212-0697

Offering
Chandler, Arizona

Most Popular Reply

Account Closed
  • Investor
  • Scottsdale Austin Tuktoyaktuk
4,157
Votes |
4,205
Posts
Account Closed
  • Investor
  • Scottsdale Austin Tuktoyaktuk
Replied
Quote from @Chris Seveney:

@Michael Malyszko

Curious why someone would subto a loan that high? We don’t do subto but invest in debt and just curious.

Because the wholesaler doesn't understand basic math, risk or profit. ;-) It's what he has to offer, so by golly, he's offering it.

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