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Anyone interested in 100+ Rentals in North Texas? - Real Estate Classifieds

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Add a New Post mavericka6
Get Messages 09-26-2016 @ 11:31 AM                          
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Joined: Sep 2016
          
I have a little over 100 Rental Properties in North
Texas. Vast majority of them in Denison, Tx.

All are rented and performing. I'm looking to free
up time and energy for other efforts I have going.

Typical house is 3 bedrooms / 1 Bathroom, frame,
built in the 40-50's and rented for $750.

Since these are hard to get institutional financing
on, I am willing to owner finance under the
following terms. You can take as few or as many as
you want. Cherry pick my portfolio. Contact me if
you are interested.

Purchase prices will range from $35,000 to $60,000
depending on the house.

Business entities or DBAs only
9.5% interest
30 year term
3 year balloon
A single 1 year extension available for 5 points
No prepayment penalty
$5,000 - $10,000 down payment per house
575+ Credit Score
0.5% underwriting fee
Taxes and insurance required to be escrowed

Jarrod Pettit, Ready Rental Properties |
972-977-3293 | http://www.ReadyRentalProperties.com
| TX Agent # 0599770