midwestern states: 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)