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Updated over 7 years ago on .

User Stats

360
Posts
242
Votes
Daniel F. Harb
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
242
Votes |
360
Posts

Why Did I Sell That??!!?? Stories...

Daniel F. Harb
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
Posted

What is your story? My "Learning Experience"...Years ago I bought  a Bank of America foreclosure in Rancho Santa Margarita, California.

They wanted $89,000.00, I offered $60K cash, and the negotiations began. I ended up purchasing the 2+2 for $77,000.00. PITI plus two associations, the monthly came to @ $775.00 monthly. Sweet deal! Fast forward seven years, and I sold it for around $205,000.00. A few more years goes by, and I watch the property price go up to $495,000.00! Why Did I Sell That!!??!! Wish I bought half the tract! :)

What is your story?