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Updated about 7 years ago on . Most recent reply

User Stats

61
Posts
26
Votes
Billy Brown
  • Lender
  • Nashville, TN
26
Votes |
61
Posts

Subject To/Triplex/Nashville 4% rate

Billy Brown
  • Lender
  • Nashville, TN
Posted

Perfect for a house hack.  We are assigning the note on this house for $100k.  4% rate, 30yr am, guaranteed for 5yrs with option of 7yrs.  The $100k includes ALL contents, lights, bedding, washer and drier, sheets, pots, pans, games, couch, curtains, etc, etc.

PITI is $2900. Could be lowered with owner occupied because it is taxed commercial

Top unit was used at short term rental.  My partners and I are shifting focus onto commercial deals and away from residential.

Can live like a king on the top unit, or if you want to truly cash flow, kick out one of the tenants below.  

Pool in back can be restored or decked over.

Photos of upstairs here.  

Offering

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