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Gerald Boone
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Is this deal possible

Gerald Boone
Posted Jul 19 2019, 12:51

I have a deal for a House with a balance of $175,000 25 years remaining. The homes in area are currently selling for $85,000. The current debt service is $1,700 including HOA fees. I can get a rent of $1,500 for the house which is 3 bed 2 bath.

How can I make this deal work?  I was thinking of approaching this through a subject to deal.

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