S 2 Hold Or Sell?
Potential deal for S-2. 4 BR 3 BA cul-de-sac 2350 s.ft.
Here is the low down:
Loan Balance $141000
Reinstatement amount $8800
PITI- $1250/mo
Estimated Repairs/Misc: $7000
ARV- $190000
FMV without repairs ($175000)
Mkt. rents $1300-1500
Advice on whether to sell now or lease option/rent?
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