SUB-2 DEAL(Needing Opinions)

[Alex Lambert]

Hola Y'all!

I have an interesting SUB-2 deal I'm looking at and just wanted to get the opinions of other investors.

#'s

Principle Balance: $191K

ARV: $215K

No Repairs Needed

PITI: $1,392 (30 yr fixed, 27yrs remaining, 3.25% rate)

Rent: $1,600

Reinstatement: $15,973.12

Would you do this deal? (Yes or No) PLEASE ELABORATE !!

Thx,

Alex Lambert