Good deal (I think)

[Johnny S.]

While I think this is a good deal, i'm a little hesitant to jump on it because i'm still new at this and I'd probably have to get a HM loan which is something I've never done.

Property is in Southern IN (in the louisville, KY Metro area)
It's a REO priced at $55,900
1485 Sq Ft. 3br 2ba 1 car attatched garage.

Repairs in the $10-15K range (assuming i'm doing most of the work with some day labor)

The only comps i have are from houses forsale in the neighborhood, with asking prices from $109,900 to $125,900