Three unit property with great cash flow Central Florida

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Three unit property with great cash flow Central Florida

Casselberry, FL · Member since 2015 · 34 posts · 0 votes

Central Florida, North of Orlando, Suburb

I am looking at a Duplex in with additional add on for 100K. Has $2250 per month rent roll, very low taxes and no association fees. 

Expenses total $900 per month including repairs and cap ex set aside. 

I will manage the property, looking for 50/50 partner or private lender for a term of 12-18 months.

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  • Rental Property Investor · Ocala, FL · Member since 2011 · 49 posts · 19 votes
    10y

    @Bobbymusser....I just happened upon this post....what ever happened to the property?

  • Reginald TrussPro Member
    Lender · Toledo, OH · Member since 2015 · 1k+ posts · 96 votes
    10y

    If you still need this loan please contact me.  Hope to hear from you.

    My clients love working with VFS for the following reasons:

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    Reggie Truss

    Visio Financial Service

  • Casselberry, FL · Member since 2015 · 34 posts · 0 votes
    10y

    @Chris Welch I had several people respond privately and talked to a couple about the details but no one seemed interested beyond that. Tax records still have same owner so I don't think it has gone anywhere.

    It is certainly risky, not a great neighborhood, old structures, wood frame. Downtown Sanford is not a hot investor area so I am having trouble finding money. 

  • Sean RichwayBusiness Member
    Lender · Chevy Chase, MD · Member since 2015 · 1k+ posts · 136 votes
    10y

    @Bobby Musser  What is the purchase price on this?

    Infinity Capital Finance
  • Casselberry, FL · Member since 2015 · 34 posts · 0 votes
    10y

    @Sean Richway purchase price is 100k

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