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Subject ToMobile Home
๐ฅ Subject-To Manufactured Home in Talking Rock GA ๐ฅ๐ฅ Only $25k ENTRY ๐ต 4.625% Rate Already in Place ๐ 2/3 Acre Lot ๐ฒ NO Pre-approval or Credit Check ๐ซ
Talking Rock, Georgia
๐ฅ TALKING ROCK GA CREATIVE FINANCE DEAL IS LIVE. Step into a North Georgia mountain home for just $12.5k down and no bank qualifying.
This one is built for cash flow investors and owner occupants who want in without the bank. A 3 bed / 2 bath home on nearly 0.78 acre in the North Georgia mountains, minutes from Jasper and the Ellijay recreation corridor. Take over the existing loan with an amazing 4.625% loan already in place!! That rate is well below where financing sits today, and only $12.5k gets you controlling this asset right now with no pre-approval and no credit check.
PROPERTY DETAILS:
๐๏ธ 3 Bedrooms
๐ 2 Bathrooms
๐ 1,152 sqft
๐ฒ 0.78 acre lot in the North GA mountains
๐ Built 1998
๐ก No HOA
๐ Talking Rock GA 30175, Pickens County, minutes to Jasper and Ellijay
DEAL BREAKDOWN:
๐ฅ $12.5k down + CC
๐ฅ $173k loan balance
๐ฅ 4.625% interest
๐ฅ $1,235 PITI
๐ฅ No prepayment penalty
๐ฅ No balloon
โน๏ธ Property is in an active loan modification and terms are subject to change
OPPORTUNITY:
๐ธ LTR: $1,700 to $1,900/mo via RentCast
๐ธ Section 8: roughly $1,600 to $1,900/mo via Atlanta metro FMR area (Pickens County)
๐ธ MTR: $2,000 to $2,600/mo via FurnishedFinder
๐ธ STR: $1,900 to $2,600/mo via Awning
The existing 4.625% rate already in place is the whole story here. Every rental exit clears the $1,235 payment with room to spare, so this cash flows from day one on a straight long term rental and has real upside as a mid term or mountain-corridor short term rental. A low entry, a rate you cannot get at a bank today, and acreage in a growing North Georgia market. Do not sit on this one. First come first serve ๐๐
๐ Call 770-758-5654 for more info ๐
3 Beds
2 Baths
1,152 Sqft
1998 Built
Deal breakdown
- Entry fee / down
- $12,500
- Loan balance
- $173,000
- Interest rate
- 4.625%
- Monthly PITI
- $1,235
Property details
- Property type
- Mobile Home
- Deal type
- Subject To
- Year built
- 1998
- Square feet
- 1,152
- Lot size
- 33,976 sqft
- Bedrooms
- 3
- Bathrooms
- 2
- Location
- Talking Rock, Georgia
- ARV
- $173,000















