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Subject ToSingle Family

๐Ÿ”ฅ Subject-To Deal in Miramar FL ๐Ÿ”ฅ๐Ÿ”ฅ 5.249% Loan Already in Place ๐Ÿ’ต Single-Family in the Miami / Fort Lauderdale Corridor ๐Ÿ  NO Pre-approval or Credit Check ๐Ÿšซ

Miramar, Florida

๐Ÿ”ฅ MIRAMAR FL CREATIVE FINANCE DEAL IS LIVE. Step into a vacant single-family home right in the Miami to Fort Lauderdale corridor for just 20K down and no bank qualifying. Take over the existing 5.249% financing already in place, well below today's rates, on a 2 bed / 1 bath home with no HOA and no rental restrictions. Only 30K gets you controlling this asset right now with no pre-approval and no credit check, in one of South Florida's strongest rental corridors. PROPERTY DETAILS: ๐Ÿ›๏ธ 2 Bedrooms ๐Ÿ› 1 Bathroom ๐Ÿ“ 700 sqft interior (980 sqft total structure) ๐Ÿงบ Separate laundry structure with an additional bathroom ๐ŸŒณ 5,006 sqft lot with a spacious backyard ๐Ÿ”‘ Single-family home, built 1952 ๐Ÿšซ No HOA, no rental restrictions ๐Ÿ“ Miramar FL 33023, Broward County, between Miami and Fort Lauderdale DEAL BREAKDOWN: ๐Ÿ”ฅ 30K down + CC ๐Ÿ”ฅ 5.249% interest ๐Ÿ”ฅ $2,699 PITI ๐Ÿ”ฅ 361k loan balance ๐Ÿ‘ No prepayment penalty ๐ŸŽˆ No balloon โ„น๏ธ Property is in an active loan modification and terms are subject to change OPPORTUNITY: ๐Ÿ’ธ Short Term Rental: $2,300-$3,300/month via Awning ๐Ÿ’ธ Mid Term Rental: $2,950-$3,400/month via FurnishedFinder ๐Ÿ’ธ Section 8: $2,230/month ($3,070 w/3rd Bedroom) ๐Ÿ’ธ Wrap to End Buyer ๐Ÿ’ธ Lease Option ๐Ÿ’ธ Move In / Occupy as Primary Residence ๐Ÿ“ See mortgage statement in 'Documents' below The existing 5.249% rate already in place is the hook here, a rate you cannot get at a bank today, on a vacant single-family home between Miami and Fort Lauderdale. Hold it furnished for mid term demand, wrap it to a buyer who cannot qualify, or move in and lock the rate for just 20K down. Low entry, low rate, no HOA. First come first serve ๐Ÿƒ๐Ÿƒ ๐Ÿ“ž Call 770-758-5654 for more info ๐Ÿ“ž
2 Beds
2 Baths
980 Sqft
1952 Built

Deal breakdown

Entry fee / down
$30,000
Loan balance
$361,000
Interest rate
5.249%
Monthly PITI
$2,699
Purchase price
$6,500

Property details

Property type
Single Family
Deal type
Subject To
Year built
1952
Square feet
980
Lot size
5,006 sqft
Bedrooms
2
Bathrooms
2
Location
Miramar, Florida
ARV
$361,000