Cash Back at Closing

If you have a real estate investor success story to share, please do so through
our “Contact Us” page. Thank you.

Recently closed on a cash back at closing deal. A 3BR, 2BA typical single family home. The sellers owned the house free and clear. Sellers and I agreed on a wholesale price roughly $100K. On paper it sold for a retail price of $130K. The market price is about $125K. Borrowed 20% down payment from the seller. Finance the rest with 10% down. After closing cost, we had about $6K cash and a mortgage of $117K. There should be at least a $200 month cash flow from rent.

Lamplight Associates
Austin, TX

To read more real estate investment success stories, please click the links below. Thanks.

We love your feedback and welcome your comments.
Please post below:

Cash Back at Closing

Are you sure you want
to log out?