Back to Marketplace

Subject To
1 / 26
Subject ToSingle Family
๐ฅ Subject-To Deal in Miramar FL ๐ฅ๐ฅ 5.249% Loan Already in Place ๐ต Single-Family in the Miami / Fort Lauderdale Corridor ๐ NO Pre-approval or Credit Check ๐ซ
Miramar, Florida
๐ฅ 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:
๐๏ธ 2 Bedrooms
๐ 1 Bathroom
๐ 700 sqft interior (980 sqft total structure)
๐งบ Separate laundry structure with an additional bathroom
๐ณ 5,006 sqft lot with a spacious backyard
๐ Single-family home, built 1952
๐ซ No HOA, no rental restrictions
๐ Miramar FL 33023, Broward County, between Miami and Fort Lauderdale
DEAL BREAKDOWN:
๐ฅ 30K down + CC
๐ฅ 5.249% interest
๐ฅ $2,699 PITI
๐ฅ 361k loan balance
๐ No prepayment penalty
๐ No balloon
โน๏ธ Property is in an active loan modification and terms are subject to change
OPPORTUNITY:
๐ธ Short Term Rental: $2,300-$3,300/month via Awning
๐ธ Mid Term Rental: $2,950-$3,400/month via FurnishedFinder
๐ธ Section 8: $2,230/month ($3,070 w/3rd Bedroom)
๐ธ Wrap to End Buyer
๐ธ Lease Option
๐ธ Move In / Occupy as Primary Residence
๐ 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 ๐๐
๐ Call 770-758-5654 for more info ๐
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


























