I didn’t think it was possible to afford Batavia for $60K but here’s a little fixer upper that even the first time home buyer can handle. Paint, carpet and some kitchen updates and it would be easier to own than rent!
Of course, you would need a home inspection to check it out from top to bottom but it’s priced accordingly. If something did jump out at you at inspection, you could still pass on the deal and walk away.
Now, here’s a $55K short sale in Elgin..http://www.realtor.com/realestateandhomes-detail/384-S-Edison-Ave_Elgin_IL_60123_M88461-64671
This is an ideal investment property with a renter already in occupancy, willing to stay, so this property would pay it’s own mortgage from the very first day of ownership! How easy is that?
When you’re ready to build your local investment property portfolio or ready to buy a home in the Fox Valley, call, text or email me for loads of great info!