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Updated over 8 years ago on . Most recent reply

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Zach Lemaster
#2 Out of State Investing Contributor
  • Rental Property Investor
  • Denver, CO
3,779
Votes |
1,958
Posts

SELLER FINANCING DEAL! IRA or 401(k) NON-RECOURSE LOAN! 15% ROI

Zach Lemaster
#2 Out of State Investing Contributor
  • Rental Property Investor
  • Denver, CO
Posted

SELLER FINANCING AVAILABLE!!!

USE YOUR IRA or 401K W/ NON-RECOURSE SELLER LOANS AVAILABLE!  That means no personal qualification or credit requirement.  Loan is based on the property itself!  Just need down payment.

Can use conventional financing if would like.  Numbers shown are an example using conventional financing:

  • Rent: $950/mo, $11,400/yr
  • Price: $89,900
  • Down Payment: $17,980
  • NOI: $10,944
  • Mortgage Payment: $364/mo
  • Operating Expenses: $288/mo (taxes, ins, vacancy, maintenance, prop management)
  • Cap rate: 12.2%
  • Cash Flow (financed): $260/mo, $3,120/yr
  • CoC ROI w/ financing: 15% Financing: 20% down, 4.5%, 30yr
  • 3bd/2ba, 1138 sq ft, Built 1960, B+ Neighborhood, Fully Renovated, will be rented w/ 1yr lease by time of purchase.

Please contact directly for more specific information: 307.421.4049, RentToRetirement.com

Please contact directly for more specific information: 307.421.4049, RentToRetirement.com

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Rent To Retirement
5.0 stars
304 Reviews
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