$8,500 · WICHITA FALLS, TX 76309
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Pending

$8,500Asking price

2 bd · 1 ba · 816 sq ft · built 1925

WICHITA FALLS, TX 76309

No contract on file

via InvestorLift Classic

Listed Nov 3

These numbers look wrong

No verdict until the price, the value and the repairs add up

Listed priceFar under the value. It may be an entry fee, not the price.: $8,500
Listed ARVFrom the listing: $140,000
Listed repairsFrom the seller: $500 – $1,000
Our repair estimateFor this home’s size, ZIP and condition: $9,500 – $20,000

No profit or return is shown until these add up.

SENDFLIP LLC

Elijah

No reviews yet

ARV $140,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $92,000.

The sales behind this value are shown to members.

ARV $140,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

SENDFLIP LLC

Elijah

No reviews yet

LOW ENTRY | EXISTING 6% INTEREST RATE | CREATIVE FINANCE

xxxx Avenue L, Wichita Falls, TX 76309

ENTRY FEE: $8,500

Serviced by PennyMac

Acquisition Strategy: Subject-To
Entry Fee: $8,500
Existing Mortgage Balance: Approximately $89,627.50
Monthly Payment: $783.56
Interest Rate: 6.00%
Closing Costs: Buyer responsible for all closing costs associated with the Subject-To transaction.
Closing: Through Total Title Services.

Get into an investment property with a relatively low entry fee and an existing mortgage at a 6% interest rate.

Ideal opportunity for:

Buy-and-hold investors
Long-term rental investors
Creative finance buyers
Investors looking to acquire property without obtaining a new conventional mortgage

Transaction structured Subject-To existing financing.
Existing mortgage will remain in the seller's name.
Buyer takes title subject to the existing mortgage.
Buyer is responsible for ongoing mortgage payments and agreed property obligations.
Buyer pays the $8,500 entry fee plus all applicable closing costs.
Buyer should independently verify property condition, title, loan status, taxes, insurance, and rental potential before closing.
Existing loan remains subject to its original terms, including any applicable due-on-sale provisions.

SERIOUS INVESTORS ONLY

7 VENTURES LLCCreative Finance | Subject-To | Investment Acquisitions