texas_invest 0 Report post Posted November 29, 2006 Make 10-15%+ ROI, Austin, TX. 5 days until auction.Make back payments on pre-foreclosure of ~6500.(Actual reinstatement pending.)Subject to current mortgage.1752 SF, 4/2/2At least $100/mo cash flow, possibly more.Current owner wants to lease and then buy back in a few years or less.You negotiate terms of agreement with owner.Deed will be in a Land Trust to easily transfer to you.No closing costs.Current contract price is $151,176.House is one year old in SE Austin off Wm.Cannon.Wood siding, shingle roof.Owner had family illnesses this summer. He has ability to pay extra over mortgage.Assignment fee $2000 This owner works two jobs 6 and 7 years. One of those is the City of Austin. He says that he will be able to refinance as soon as possible. An investor can make a good profit on this deal even though there is not a lot of equity since the house is only one year old. Contact us SOON! For any information.Cassandra830-438-2837210-379-8530texas_invest@yahoo.com Share this post Link to post Share on other sites
