Investment Opportunity !!!

Investment opportunity! Building is appraised at $1.3 Million and generates approximately $10,000 monthly in rent. Property is currently foreclosed on by Lender. Borrower is seeking an Investor to purchase the property at $810,000 while reserving the Borrowers right to buy back the property, at purchase price, within 12 months of the closing date. For a 10% fee, the Borrower will manage the property with the remaining income to be paid to the Investor. At the close of the 12 month period, Investor will return 30% of the collected rent to Borrower, netting the Investor approximately $3,000/month. Upon sell-back to the Borrower, the Investor will net approximately $100,000 in profit (12%).

Appreciating area, East Downtown....Conveniently located opposite the University (TSU). New construction throughout the area
Investment opportunity! Building is appraised at $1.3 Million and generates approximately $10,000 monthly in rent. Property is currently foreclosed on by Lender. Borrower is seeking an Investor to purchase the property at $810,000 while reserving the Borrowers right to buy back the property, at purchase price, within 12 months of the closing date. For a 10% fee, the Borrower will manage the property with the remaining income to be paid to the Investor. At the close of the 12 month period, Investor will return 30% of the collected rent to Borrower, netting the Investor approximately $3,000/month. Upon sell-back to the Borrower, the Investor will net approximately $100,000 in profit (12%).