$50K
920 Cardinal Ln #2, Austin, TX 78704
This newly built 2BD | 2BA home is a seller financing deal in south Austin at an 8% interest rate and is the perfect homestead or luxury house hack. PITI is $6,172 and requires a $50K down payment plus closing costs. Market value of the home is $650K. This one will go fast so shoot your shot!
Make moves or make excuses.
Our Daily Drops vanish faster than your rent money. DM or Call @creatorsreclamation on Instagram to get prequalified and get all your questions answered.
The Lowdown
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Subject 2 financing, also known as a "subject-to" deal, refers to a real estate transaction where the buyer takes over the seller's existing mortgage without officially assuming the loan with the lender. This means the buyer assumes the responsibility of making the remaining mortgage payments to the seller, who then forwards them to the original lender.
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Also called owner financing or purchase-money mortgage, is a real estate transaction where the seller of the property acts as the lender for the buyer. This means the buyer makes installment payments directly to the seller instead of a traditional bank mortgage.
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1. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY: Any estimates, information provided, or photographs/video showing the condition of the property are for your convenience only. Any information regarding specifications, characteristics, or condition of this property, neighborhood, or investment strategy (including, but not limited to, estimated rehab costs, as-is property square footage measurements, or proposed expansion through construction) is an unverified assumption of the broker or its affiliates based on limited information and must be verified independently for accuracy. Crea ors and its affiliates assume no liability whatsoever for the accuracy of any estimates, information, or photo/video provided. Buyer is required to conduct their own due diligence.
2. NO UNACCOMPANIED ENTRY OF PROPERTY: Creators and its affiliates do not give you authority, express or implied, to enter or access this property unaccompanied. Access to the property may only be obtained through scheduling a property inspection with a Creators employee.
3. NON-REPRESENTATION: Creators and their affiliates DO NOT represent you.
4. RISK OF LOSS: Real estate investment is speculative in nature, and risk of loss can be substantial. You should carefully consider whether such investing is suitable for you.
5. COPYRIGHT MATERIAL: All material appearing in this Property Analysis is the proprietary property of Creators and protected by copyright under U.S. Copyright law. You may not copy, store, distribute, display, modify, create derivative works, sell, or transmit any part of this content without prior written permission of Creators.
Need a turnkey BnB? Yeah, we do that too.
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Design & Furnishing
We intentionally curate and furnish every square inch of your property to make your tenants feel like they're living in a magazine spread come to life. From furniture to flatware and everything in between.
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Marketing & Branding
We intentionally curate and furnish every square inch of your property to make your tenants feel like they're living in a magazine spread come to life. From furniture to flatware and everything in between.
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Home Automation
We intentionally curate and furnish every square inch of your property to make your tenants feel like they're living in a magazine spread come to life. From furniture to flatware and everything in between.
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