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Updated almost 9 years ago on . Most recent reply
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offer price
All,
I'm interested in a newer(5 years) 4 bed 4 bath condo in a college town. Rents are $1250 a month, property taxes $1000 a year and asking price is $130000, neighboring condo just sold for $128000. Id like to use a 203k loan for this investment. Advice on determining current value, offer price, financing options and other tips learned from experience will be greatly appreciated.