Hello. I've got a hot lead on a 24 unit apartment building about to go into foreclosure! It is way overpriced at so a short sale purchase is just what the doctor ordered. Current lienholders are owed a total amount due about $650,000ish. Current income including ancillary totals just over $135,000. Expenses are about $55,000.
Lets write an offer and begin the negotiating process. Tons of potential here!!! The seller is obviously motivated. All that needs to be done is to have the lienholders accept an offer that makes sense for everyone. There may be a few other angels here because of this property being in the pre NED stage.
I have lots of details!!! Contact me asap at 970-219-8595 or via email aelkorek@remax.net
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