Property Description:
Sub-to opportunity in the Hampton Roads area. If you looking for a properties to hold for rental cash flow here's your opportunity. This low entry and low interest rate can provide you decent monthly cash flow. Property does need a little bit of work and there's 30 years left on the loan. This deal is on its tale end towards foreclosure and will need to close in about 5 days. The terms and entrance fee are:
Entry Fee: 25K + All closing
Monthly PITI: 858.31
Interest rate: 2.5%
Remaining Balance: 148,634