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Updated over 8 years ago,
Is this property going to work Indianapolis
Looking for advice on a property that I will be looking at tomorrow.
Here are the details
Seller finance (but it is an LLC)
Duplex
80k
2k down
$700 mo payment
Low crime area
Comps 125k
Rents 1k
I will be living on one side. It will require a complete rehab. I do not have an estimate yet for the repairs. Let's say 40k.
Here is another obstacle. I do not have the funds right now for the rehab.
Advice or suggestions?
Thanks.