Real Estate Investment Property with Seller Financing & Positive Cash Flow

Published: 01st April 2008
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Go Zone investments are white hot. Many investors are using the go zone depreciation to create massive tax write offs and creating bottom line savings equivalent to a tax cut and money in their pocket. The Go Zone act allows an investor to depreciate 50% of the improvements on a property in the first year. For an active investor this translates to bottom line savings.

We are offering single family real estate investment properties in Meridian MI for the unbelievable price of $75,000. Buyer will write a check for $1,000 made payable to an escrow company until closing occurs.

Seller will finance $72,500 with a first mortgage of $60,000 and a second mortgage of $12,500 at 8%, 30 year term, all due and payable on the 61st month. When the contract is executed by both parties and submitted to the title company, the buyer will write an additional check in the amount of $1,500.

All closing costs are to be paid by seller, for both the sale and purchase. Property taxes shall be prorated at closing. Seller will convey title by warranty deed subject only to easements and right of way.


Here is the interesting part. The seller will furnish the management of the real estate investment properties on a triple net lease basis for a period of 5 years.

Buyer will receive a total net payment of $100 per month for five years, a total of $6,000 plus appreciation. The reservation is fully refundable until the time of closing. This is truly an investors dream real estate investment opportunity.

We hope you have found this information useful.

The real estate investment properties listed above are offered by real estate investment alliance. There are several additional real estate investment opportunities available at our website.

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Source: http://maribel1218.articlealley.com/real-estate-investment-property-with-seller-financing--positive-cash-flow-501355.html


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