I have three properties available in the Big Bear area that may be purchased subject to the existing financing. All current tenants are on month-to-month agreements.
Property 1 Big Bear City, CA
Two-unit property
3-bedroom, 2-bath unit
2-bedroom, 1-bath unit
Existing loan balance: approximately $371,622
Interest rate: 5.75%
One unit rented for $1,500; second unit currently vacant
Property 2 Big Bear City, CA
3 bedrooms, 2 bathrooms
Existing loan balance: approximately $324,000
Interest rate: 6.625%
Currently rented for $2,900 per month
Property 3 Sugarloaf, CA
2 bedrooms, 1 bathroom
Existing loan balance: approximately $233,000
Interest rate: 6.99%
Currently rented for $2,300 per month
I have three properties available in the Big Bear area that may be purchased subject to the existing financing. All current tenants are on month-to-month agreements.
Property 1 Big Bear City, CA
Two-unit property
3-bedroom, 2-bath unit
2-bedroom, 1-bath unit
Existing loan balance: approximately $371,622
Interest rate: 5.75%
One unit rented for $1,500; second unit currently vacant
Property 2 Big Bear City, CA
3 bedrooms, 2 bathrooms
Existing loan balance: approximately $324,000
Interest rate: 6.625%
Currently rented for $2,900 per month
Property 3 Sugarloaf, CA
2 bedrooms, 1 bathroom
Existing loan balance: approximately $233,000
Interest rate: 6.99%
Currently rented for $2,300 per month
Approximately 10–15% downpayment,
Well, people like to know how much the place is worth when they are buying. I see an existing loan balance, but unless you're selling it for the balance, there is no way to know what you expectations are. And byt he way, do the sellers know you are advertising and will allow a walk through?