Chesterfield Owner Financed Deal with little down

Jul 2

Chesterfield Leaseoption

Providence Creek Neighborhood, Chesterfield County.

This house comes with sub2 owner financing for up to two years, making it perfect for a lease option exit strategy and collecting your check on the back end.

Little money to get in, just take over payments on 1st mortgage for 1st year, then both on 2nd year.

Move-in Ready for those who do lease options.

Your Price:

Around 180,000.

First year payments at $1202. 2nd year payments at $1500.00

Approximate ARV between $220-240 if you can hold onto it while the market sits and collect a nice backend payment if your buyer cash’s out.

Currently listed neighborhood property between $215 and $250.

At $220,000 arv, this sits around 82% ARV for now.

This is not a fix/flip opportunity.

Features

4 bedrooms 2.5 baths, 2100 ft2 +/-

This home is great for entertaining and features an open floor plan with a two story living room and fireplace, a large updated kitchen with newer flooring and countertops as well as access to the rear deck that overlooks the wooded private lot.

There is also an extra large (19 x 19) family room with a half bath and French doors that lead you to the front patio.

The first floor master suite boasts a walk in closet and full bath.

There are three additional bedrooms and a full bath located upstairs. What a great value!!