Panama City Affordable Housing

• 90% Stated/Verified Financing
• 7.5% Interest Only 3/1 ARM
• No Min Credit Score
• No Mortgage Insurance
• Designed for Positive Cash Flow starting Yr. 1
  
  
• Guaranteed Developer Leaseback
• Massive Demand for Affordable Housing
• First Class Property Management
• 100% Turnkey, Passive Investment
• Lease Option Available
  

Panama City Affordable Housing

Now is the time to invest in Sunny Hills before the boom hits and cheap lots are still available.  This area is an incredible value and the timing is perfect for a build-to-sale or build-to-hold strategy for several reasons.  Cozza Realty Group Inc. has created an affordable housing based single family home opportunity which is in demand and risk adverse.  The most publicized reason for the demand is the relocation and expansion of the Bay County International Airport and the long term economic impact it will have on the contiguous seven county region. The airport will encompass 4,000 acres, larger than Atlanta’s Hartsfield, plenty of land to accommodate new business and industrial sites.

 The second is the areas urgent need for safe, decent, affordable housing, which the state “Community Development Office” and the “Affordable Housing Study Commission” acknowledge as their fastest growing and most pervasive challenge. Rental properties in Washington County are in short supply and represent a very small percentage of the limited number of total available housing units, whereas the Panama City area has a robust rental market. . CNN/Business Magazine article anticipates a 72% increase in real estate values over the next five years for the Panama City/Bay County area.  Cozza Realty Group Inc. has negotiated the best available price point with an in-demand builder which graciously offered a developer leaseback which will enhance your overall R.O.I.  With closing costs, construction interest, developer-offered leaseback, homes are appraising at 10-15% higher upon acquisition.  Utilizing an exclusive leverage based lender, an investor can realize a 10-15% equity position with only $1,000-$2,000 down!  National Recreational Properties Inc. and Erik Estrada are planning early 2009 to initiate television infomercials and sales in the Sunny Hills market.  Be there before property values skyrocket! closing
 

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