Buy Real Estate Now
I can’t say it enough, “buy real estate now!” The reasons are pretty obvious
- Technology allows you to buy in any state, not just the one you live in.
- Its cheap – as you will see in the video from my Midwest Property Buying Tour
- Buy and hold strategies are producing great cash flow.
- Did I say its cheap
The Deal
- The asking price was $15,000
- Quick sale in today’s value $62,000
- Repairs $17,000
- Rent $850.00 per month
Purchase cost with repairs and closing $37,000 – payment $353.59 (15 year loan at 8%) Taxes and insurance $125.00 Total monthly payment is $478.59 and the rent is $850.00 per month. Watch in HQ on the bottom right
Would You Do This Deal? Leave me a comment and please subscribe to this feed.
Tagged with: Foreclosure • real estate investing • REO
Filed under: Video
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