Subject To/Triplex/Nashville 4% rate
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.
Offering