Auburn 8 plex Apartment building for 310k!!

A VESTUS investor bought this 8 plex for 310,000 on Friday! We were able to get it for a dollar over the minimum bid.
With 8 units + a common area for laundry, they are set to have a positive cash flow.
These deals are out there, you just need to be prepared!

Yes you can buy positive cash flow rentals at auction.

Here is great example of a positive cash flow rental purchased last friday at the King County auction.

Our investor bought a duplex for 173,000

Here is how the numbers break down:

30 year fixed mortgage 1078.00 per month (did you know you can get this loan with no money down- OAC)
Taxes 227.00
Insurance 45.00
Rents 850.00 and 800.00 (duplex)
Gross profit per month 300.00

This is just one example of the many fantastic deals we see every week!

Now is the time to buy when most people are not!

Not sure how to start? Come to one of our free workshops every Tuesday at 4:30.
or feel free to call us at 206.618.5319 for more information.