5/20/12 BP Newsletter: Pacing Your Investments, Increasing Profits, & Speeding Up New Deal Screenings
Hide this2 huge houses for the price of one
Wednesday, February 18
1.) Duplex, 4bd/ 2ba--2bd, 1ba per side sq.ft. 2420, 2 story duplex.
Rehab estimate 8k-10k
ARV $148,000
Your Wholesale Price: $23,000
ARV$ 102, 500
Your wholesale Price: $16,900
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Comments
RJ Pepino
Real Bargain Properties, LLC
Real Estate Investor
Columbus, Ohio
| Website: | http://CheapColumbusHouses.com |
| Phone: | 614-390-DEAL |
| Fax: | 800-267-1312 |
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- · 2 huge houses for the price of one
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"looks like a good one! have you sold the contract on thi..."
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Gerwin Reply
over 3 years ago
HometownRenter.com has the questions to ask yourself if it is better to rent or buy in your situation. Do you need the flexibility of renting? or can you afford to stay in your home for at least 5 years or longer?
* Can you afford a 20% down payment? * Can you afford a monthly payment on a 30-year fixed mortgage? * ask your CPA ... Does the tax benefit of home ownership offset a potential decline in home value? * Have you reduced other real estate debt before you add more on this home purchase? * Does a fixed monthly mortgage payment for the next 15 years outweigh the likely inflation of rents during that same time (called an inflation hedge)
These are broad questions that can have many variations for each individual situation. However, it is a good foundation from which to start your home buying process.
If you are in the market for a rental, visit www.HometownRenter.com to find your next rental home!
henry Reply
almost 3 years ago
920-234 I want to buy these two houses, would you like to give me more details and information about them. One more thing I would like to give you a complete payment then what is discount available for it. HP0-S17