Need Advice: Scenario

[ Edited by flynny on Date 12/08/2003 ]

Comments(3)

  • AVasquez18th August, 2003

    hello there flynny I just might have a way to help you with this problem. I suggest you go ahead with the owner financing and then I can probably help you to get an investor to buy your mortgage note, you then will have you cash and the buyer will have the house and everyone is happy. call me so I can get some info from your property and lets see what we can come up with. My name is Abraham 314-869-3287 or you can email me at **Please See My Profile**

  • 2000rock19th August, 2003

    flynny,

    YOU have heard it a thousand times...

    A BIRD in YOUR HAND.....bla~~BLA

    Now as to YOUR numbers:

    Buy at 50K+25k rehab = 75K
    Sell ...let's say 115K

    PROFIT = 40K

    "I have been offered 85K for the house AS-IS"

    Bought at 50K ...sold at 85K

    PROFIT = 35k

    Have that BIRD land on MySholder ...

    ...a no brainer for ME...

    I take the 35K and haul A$$....


    ....as always,


    GoodInvesting, Rocky

  • flynny19th August, 2003

    Right on Rocky, you are absolutely right. Thanks for tellin' it like it is. Much appreciated.

    Matt

Add Comment

Login To Comment