Mike Cartmell
Colorado Springs, Colorado
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Experience
I got started in real estate investing in college when I purchased a condo and lived in it while renting to some school mates to help cover the mortgage. I then sold after graduating for a 30k profit and just purchased a short sale with around 30k in equity.
Real Estate Goals
Flip 1 home in 2011.
Currently Seeking
Single family homes that meet the 50% rule and produce $100 cash flow & rehab properties to produce a minimum of 15k profit.
Awards
Comments (0)
Recent Forum Posts
It may very well be worth $190k in this market. I have asked if we can get another appraisa...
11 days ago
@ John Jackson - The lender ordered the appraisal. The $6,000 was the option fee at the tim...
11 days ago
I think I will discuss extending the option 6 months at the current agreed upon purchase pri...
11 days ago
The house was worth $205,000 when the option was signed.
11 days ago
What exactly is a "Strike Price"? Buyers have the option to purchase a $202,000 not the a...
11 days ago
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