Real estate in Indianapolis

[Sharon Rolel]

Hello :)

I have a total of 200,000$ to invest in real estate, and I'm looking for income at the moment. I live in Israel and there are a few agencies here that I can use to get the best deals (presumably).

One such agency deals with real estate in Indianapolis. These are the example contracts they sent me:

http://www.mediafire.com/?sharekey=d2d0143b447140a07432d3c9683f450ae04e75f6e8ebb871

12.2% a year sounds very nice to me, especially since home prices are surely nearing the bottom.

What do you think?

I'd be happy to provide any other information necessary.

Thanks!