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Let me know know if this is a good deal
I have an off market deal in southern Illinois. Home is a 2-1 1000 sq. With a large extra lot. Home built in the 30s has been updated In the 70s. I can get it for 30-35k needs roof bathroom subfloor up. Windows, some flooring. Looking about 20-25k in rehab. Home is next door to my primary residence. In a nice growing town. Rents for 2-1 that are updated are 900+ a month. Hopefully will be paying cash for home and rehab with heloc and savings, till I can mortgage the rental. Banks denied a mortgage for the low amount.