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Updated about 13 years ago on . Most recent reply

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1
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Simon Dent
  • Foxboro, MA
0
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1
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Hypothetical Question

Simon Dent
  • Foxboro, MA
Posted

Sorry but short post here. I wrote some long explanation before, tried to preview and text got wiped.

Is this a valid investment?

$50,000 investment + $10,000 for use of the money over 8 yrs 4 months. Payments made monthly of $600 for the entire duration.

Property as collateral, purchase price $70,000.

So, Investor gets $100/month for use of their money over 8+ years...

thanks,
S.

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