Tom Doan
Corey Demuth
42k and rents at 850 a month??? ...am I missing something here?
25 March 2009 | 32 replies
So, even if you bought it at the asking price without trying to barter, and put 10% down, a 15-yr mortgage on the remaining 38,250 at 8% (a bad rate as I understand; I am purposefully trying to assess this as a 'worst case scenario' to make sure it is profitable even if the loan doesn't come out as well as planned)That means payments are 365.54/month + 149.42 taxes + I have no idea how much for insurance.
Matthew Green
Is this a deal?
22 March 2009 | 8 replies
With this house i dont think it would make much sense to fix it sense the profit of margin is very small. however it would be a good learning experience , yet a risk.
Ethan M.
K W
Adrian Pillow
Lets see those completed deals!
9 March 2021 | 10 replies
I know a lot of people claiming big profits from REOs...
Harrison Painter
Geithner Plan for Toxic Assets?
25 March 2009 | 7 replies
It appears at first glance that taxpayer funds are going to finance profits for savvy investors in these Toxic Assets.
Terry Royce
How to not loose your @$$ buying rentals.
24 March 2009 | 6 replies
I guess its the idea of sitting on it vacant while fixing, and while trying to rent.What can I do to increase success, and minimize faillure and profit loss in order to jump into this situation.
Jared Johnson
Getting Past Real Estate Agents
24 March 2009 | 8 replies
The property should still cash flow which I assume is what your looking for plus any equity profit when the option is exercised.
Mark W.
"bad" neighborhoods
25 March 2009 | 8 replies
Low income rentals require more hands-on management, but they also have better profit margins.