This cute little co-living 5 bedroom house is already set up and operating as a co-living business. It’s turn key. Including all furnishings and tenants.

Terms:

$35,000 entry fee + Closing Costs (Less than 10% entry)
No Balloon.
Mortgage Balance: $398,274
7.5% Rate
PITI: $3,248
Straight SUBTO no hybrid.
30 day close - 3 business day inspection
EMD: $5,000 - Goes hard after 3 days.
Fully Furnished - All furnishings Come with the Home.

LINK TO T12, RENT ROLLS.
Mortgage statement - see pictures
Management: owner self-manages
All furnishings come with the home.
Tenants on month-to-month leases.

BUYER TO PERFORM THEIR OWN DUE DILIGENCE

 FAQs

  • Please fill out the form to the right.

  • We select the most qualified buyers based on their experience, financial capacity, and ability to close deals efficiently. Our priority is to work with buyers who are reliable and serious about purchasing. This approach protects our sellers and ensures the success of every transaction.


    Buyer Qualifications:

    - Credit history of on-time payments
    - Valid proof of funds.
    - Buyer to be vetted by 3rd party at buyers expense.

  • We take assigning SUBTO deals seriously. We know that the seller is taking on a great risk by allowing someone to take over payments.

    We pride ourselves on our reputation and will do everything in our power to ensure the seller is well taken care of as is their credit.

  • That’s completely fine!

    However, we won’t be assigning deals to you. We work exclusively with vetted buyers to ensure smooth and successful transactions. Honestly, if you’re not willing to be vetted, you’re probably not serious about doing deals with us.

  • Yes, we prefer buyers who have prior experience with Subject-To or seller-financing transactions. These deals can be complex, and it’s important to have a solid understanding of the process to ensure a successful transaction.

    If you don’t have experience, we will ask you to partner with someone who does.

  • Yes! You’ll need to provide the most recent Proof of Funds (POF) showing your down payment and six months of reserves. This ensures you have the financial capacity to close the deal and manage the property afterward.

  • No.

  • The closing process often includes coordination with a title company, transaction coordinator, and, in some cases, legal review. We’ll provide you with the necessary details and contacts to ensure a smooth transaction.

  • We require all buyers to go through post close process with a qualified Top Tier TC. If you do not have one, we offer our TC. This is a separate expense and the buyer is responsible for compensating the TC.

Apply

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Project Six