alabama: Mid-Western States Buy and Hold at $45K with set Rental Income - 01/18/11 03:38 PM
Welcome Investors:  I am sharing with you one of the easiest investor "Buy and Hold" purchases availalbe.  These homes are sold on a "Rolling Close".  This is a project backed by Fannie Mae in efforts to help rebuild communities.  All homes are at a set price of $47K. 
The homes are completed as far as repairs. 90% of the homes are cash flowing with tenants in place.  If homes are purchased without tenants, the manager of the project, Property Managment Companies are in place to secure a tenant and manage the property, as well as the investors will be paid $600.00 a month cash flow per home for … (2 comments)