I am looking for either a JV partner that can provide the fund of 80% of the purchase price of $34,500 plus split 50/50 of the inspections and etc.
Currently tenant-occupied $840/month
Property Taxes approximately $1,200.00/year
Insurance estimate : $400-$500/year
I need finance commitment by early August.
You take the profit of 40% of all Net Cashflow each month.
Property is in city of Allentown, Pennsylvania
For the first 2 years. You will receive approximately $1250. Due to private money I received for the 20% of the purchase.
3rd+ years will be approximately $2664
Need to seal the deal ASAP.