#32 (not a rental) was purchased today...for $8k

[George P.]

This is totally new for me. We purchased a condo in Westland yesterday for $8,000. Westland is between livonia, garden city, redford, canton, northville. 

The people that sold us #15 rental (#15 thread ) referred us to the sister of a very ill person. We met at the condo, assessed what needs to get done, told them our story, listened to them...

Not knowing what to offer, i asked a question that @Andy M. has drilled into my head with his videos..... "what will you do with the money that i give you"...... and that was the turning point. They said: "Irrevocable funeral arrangement. We can not use it for anything else".

Well, that gave me a clue what an average funeral is roughly $5-13k, so i offered 8k. 

the problem is that i can't rent it. the condo association does not allow rentals. i can sell it, so i will do so on a land contract

It's a 2 bedroom, needs a gut bath and a new kitchen.  so, i will put 10k in it (total $18k), should sell for $50k.

pics to come