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Updated over 15 years ago on . Most recent reply

User Stats

361
Posts
75
Votes
Joseph Ziolkowski
  • Inspector
  • Alsip, IL
75
Votes |
361
Posts

Need the opinion of a clever invesor...

Joseph Ziolkowski
  • Inspector
  • Alsip, IL
Posted

Hi all! My sister has a townhouse in a type 2 neighborhood that she moved out of and is trying to sell. It's been on the market for a year, is worth little more than she paid for it ($5000 difference give or take), needs very little repairs (maybe paint) and would probably be a good section 8 candidate if the numbers worked. I'm too new at this to know what to tell her. She'd be happy to be rid of it and just break even. I was thinking sub2, but she doesn't want her name to be on the mortgage. So what the heck can we do with this? :cool: Any ideas at all would be appreciated.

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