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Updated over 5 years ago,

Enrique H.'s profile image
Enrique H.'s profile image
Enrique H.
  • from Indianapolis, Indiana
  • Member since Sep 5, 2015
Connect

User Stats

57
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4
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Enrique H.'s profile image
Enrique H.'s profile image
Enrique H.
  • from Indianapolis, Indiana
  • Member since Sep 5, 2015
Connect
Enrique H.
  • Indianapolis, IN
4
Votes |
57
Posts
Buying & Selling Real Estate

is this a good deal?

Enrique H.
  • Indianapolis, IN
Posted

A friend wants to sell his house because it needs repair that he can not afford. 

Its in Trace lane, Indianapolis, IN. 46260. comparable houses  are around $175k, 

The mortgage  will be kept in his name with a balance of 102k , he wants 20k and repairs are around 10k to 15k ( new roof, HVAC and windows).  He will rent it for me for $1250 a month. 

PITI is $950

Please let me know what you all will do?

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