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Subject ToMobile Home

๐Ÿ”ฅ Subject-To Manufactured Home in Talking Rock GA ๐Ÿ”ฅ๐Ÿ”ฅ Only $25k ENTRY ๐Ÿ’ต 4.625% Rate Already in Place ๐Ÿ”‘ 2/3 Acre Lot ๐ŸŒฒ NO Pre-approval or Credit Check ๐Ÿšซ

Talking Rock, Georgia

๐Ÿ”ฅ 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: ๐Ÿ›๏ธ 3 Bedrooms ๐Ÿ› 2 Bathrooms ๐Ÿ“ 1,152 sqft ๐ŸŒฒ 0.78 acre lot in the North GA mountains ๐Ÿ”‘ Built 1998 ๐Ÿก No HOA ๐Ÿ“ Talking Rock GA 30175, Pickens County, minutes to Jasper and Ellijay DEAL BREAKDOWN: ๐Ÿ”ฅ $12.5k down + CC ๐Ÿ”ฅ $173k loan balance ๐Ÿ”ฅ 4.625% interest ๐Ÿ”ฅ $1,235 PITI ๐Ÿ”ฅ No prepayment penalty ๐Ÿ”ฅ No balloon โ„น๏ธ Property is in an active loan modification and terms are subject to change OPPORTUNITY: ๐Ÿ’ธ LTR: $1,700 to $1,900/mo via RentCast ๐Ÿ’ธ Section 8: roughly $1,600 to $1,900/mo via Atlanta metro FMR area (Pickens County) ๐Ÿ’ธ MTR: $2,000 to $2,600/mo via FurnishedFinder ๐Ÿ’ธ 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 ๐Ÿƒ๐Ÿƒ ๐Ÿ“ž Call 770-758-5654 for more info ๐Ÿ“ž
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