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Updated over 9 years ago on . Most recent reply

User Stats

43
Posts
10
Votes
Timothy Brubaker
  • Rental Property Investor
  • Akron, OH
10
Votes |
43
Posts

17 unit for sale

Timothy Brubaker
  • Rental Property Investor
  • Akron, OH
Posted

Hi everyone. I have a 17 unit under contract with 25% owner financing over 5 years 4% interest. The bank fell through on financing me the rest. It is supposed to close in January. It is located in a great neighborhood with a sense of community. Each unit rents for 600. I was wondering if Anyone wanted to buy this contract from me or help me finance the other 75% nonrecource. I am selling it for 580. It brings in over 10,000 in monthly income and it is fully occupied. The link below shows the financials.

https://www.biggerpockets.com/calculators/shared/281059/725e6b92-0d99-4d9d-9404-b6bcc55b9a5b

Offering

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