DealDeckDealDeck
Back to Marketplace
Subject ToTownhouse

๐Ÿ”ฅ SUB2 Deal in Newnan GA ๐Ÿ”ฅ๐Ÿ”ฅ Only $30k ENTRY ๐Ÿ’ต Financing Already in Place ๐Ÿ”‘ Turn-key Townhome in Amenity Community ๐Ÿ˜๏ธ NO Pre-approval or Credit Check ๐Ÿšซ

Newnan, Georgia

๐Ÿ”ฅ NEWNAN GA CREATIVE FINANCE DEAL IS LIVE. Step into a like-new townhome in the amenity-rich SummerGrove community for just $15k down and no bank qualifying. This one is built for creative investors and owner occupants who want in without the bank. A spacious 3 bed / 3.5 bath, 2,809 sqft end-unit townhome built in 2007, minutes from downtown Newnan and I-85 in the growing southwest Atlanta metro, available on a subject-to structure with the existing 6.625% loan already in place. Only $15k gets you controlling this asset right now, with no pre-approval and no credit check. PROPERTY DETAILS: ๐Ÿ›๏ธ 3 Bedrooms ๐Ÿ› 3.5 Bathrooms ๐Ÿ“ 2,809 sqft ๐Ÿ”‘ Built 2007 ๐Ÿš— 2-car rear-entry garage ๐Ÿ˜๏ธ End-unit townhome in Highwoods at SummerGrove ๐ŸŠ Community amenities: clubhouse, pools, tennis, lake, parks, and trails ๐Ÿ“ Newnan GA 30265, Coweta County, minutes to downtown Newnan and I-85 ๐Ÿ‘‰ $91.66/month HOA DEAL BREAKDOWN: ๐Ÿ”ฅ $15k down + CC ๐Ÿ”ฅ $355k loan balance ๐Ÿ”ฅ 6.625% interest ๐Ÿ”ฅ $2826 PITI ๐Ÿ”ฅ $370k purchase price ๐Ÿ”ฅ No prepayment penalty ๐Ÿ”ฅ No balloon OPPORTUNITY: ๐Ÿ’ธ Wrap to End Buyer ๐Ÿ’ธ Lease Option ๐Ÿ’ธ Move In / Occupy as Primary Residence ๐Ÿ“ See mortgage statement in 'Documents' below A low entry, the existing 6.625% financing already in place, and a beautiul townhome in one of Newnan's most amenity-rich communities. Wrap it to a buyer who cannot qualify conventionally and collect the spread, set it up as a lease option and build in your exit, or move in and lock the rate for just $15k down. The financing and the product do the selling here. 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
3.5 Baths
2,809 Sqft
2007 Built

Deal breakdown

Entry fee / down
$15,000
Loan balance
$355,000
Interest rate
6.625%
Monthly PITI
$2,826
Purchase price
$2,500

Property details

Property type
Townhouse
Deal type
Subject To
Year built
2007
Square feet
2,809
Lot size
4,356 sqft
Bedrooms
3
Bathrooms
3.5
Location
Newnan, Georgia
ARV
$385,000