Updated over 6 years ago on . Most recent reply
SUB-2 DEAL(Needing Opinions)
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