Comments on: Sign of the Times: Buy One Home Get One Free http://www.biggerpockets.com/renewsblog/2008/06/03/sign-of-the-times-buy-one-home-get-one-free/ Learn, Network, Invest Tue, 24 Nov 2009 06:18:45 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: st george rentals http://www.biggerpockets.com/renewsblog/2008/06/03/sign-of-the-times-buy-one-home-get-one-free/comment-page-1/#comment-59342 st george rentals Thu, 14 Aug 2008 21:52:14 +0000 http://www.biggerpockets.com/renewsblog/?p=1004#comment-59342 All I have to say is WOW! All I have to say is WOW!

]]> By: Joe http://www.biggerpockets.com/renewsblog/2008/06/03/sign-of-the-times-buy-one-home-get-one-free/comment-page-1/#comment-58059 Joe Wed, 02 Jul 2008 15:53:04 +0000 http://www.biggerpockets.com/renewsblog/?p=1004#comment-58059 It's not a bad deal, many commercial developers build in some type of incentive to sell the real estate faster and still make a profit. They just have to make sure they can payoff the debt on the development and make sure it does't put the client in a debt crisis, and this deal can work. If I got that deal, I would lease or rent the extra property and use that money to pay off the financing on the first original purchased property. PS, Joe It’s not a bad deal, many commercial developers build in some type of incentive to sell the real estate faster and still make a profit. They just have to make sure they can payoff the debt on the development and make sure it does’t put the client in a debt crisis, and this deal can work. If I got that deal, I would lease or rent the extra property and use that money to pay off the financing on the first original purchased property.

PS,
Joe

]]> By: Dave Macklin http://www.biggerpockets.com/renewsblog/2008/06/03/sign-of-the-times-buy-one-home-get-one-free/comment-page-1/#comment-57544 Dave Macklin Thu, 19 Jun 2008 05:14:39 +0000 http://www.biggerpockets.com/renewsblog/?p=1004#comment-57544 Getting an appraisal for the $1.6 million will be tricky! Getting an appraisal for the $1.6 million will be tricky!

]]> By: Mo http://www.biggerpockets.com/renewsblog/2008/06/03/sign-of-the-times-buy-one-home-get-one-free/comment-page-1/#comment-57250 Mo Fri, 06 Jun 2008 18:04:05 +0000 http://www.biggerpockets.com/renewsblog/?p=1004#comment-57250 I suppose that "the bank" will take the property away and they are going to loose anyways, so why not score points with the purchaser? Now where did I leave that $1.6m laying around... I suppose that “the bank” will take the property away and they are going to loose anyways, so why not score points with the purchaser? Now where did I leave that $1.6m laying around…

]]> By: Nadine http://www.biggerpockets.com/renewsblog/2008/06/03/sign-of-the-times-buy-one-home-get-one-free/comment-page-1/#comment-57221 Nadine Thu, 05 Jun 2008 07:48:50 +0000 http://www.biggerpockets.com/renewsblog/?p=1004#comment-57221 This is crazy...I think the main point of “get one free” is so they can dump their inventory (and payments). This is crazy…I think the main point of “get one free” is so they can dump their inventory (and payments).

]]> By: Clint http://www.biggerpockets.com/renewsblog/2008/06/03/sign-of-the-times-buy-one-home-get-one-free/comment-page-1/#comment-57212 Clint Wed, 04 Jun 2008 19:37:17 +0000 http://www.biggerpockets.com/renewsblog/?p=1004#comment-57212 Yeah I am sure they didn't up the price but is that house really worth $1.6mil. Prices don't change in $1.6 house a thousand dollars at a time. It is not uncommon for house to drop $100,000-$300,000 at a time to move it. Yeah I am sure they didn’t up the price but is that house really worth $1.6mil.

Prices don’t change in $1.6 house a thousand dollars at a time. It is not uncommon for house to drop $100,000-$300,000 at a time to move it.

]]> By: Damien Hall http://www.biggerpockets.com/renewsblog/2008/06/03/sign-of-the-times-buy-one-home-get-one-free/comment-page-1/#comment-57204 Damien Hall Wed, 04 Jun 2008 03:59:32 +0000 http://www.biggerpockets.com/renewsblog/?p=1004#comment-57204 One developer's trash or (excess inventory) is another investor's treasure! That company must really feel the pinch! One developer’s trash or (excess inventory) is another investor’s treasure! That company must really feel the pinch!

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