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Updated almost 8 years ago on . Most recent reply

Teddy Johnson's profile image
Teddy Johnson's profile image
Teddy Johnson
  • Investor
  • from Trona, California
  • Member since Apr 17, 2017
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Teddy Johnson's profile image
Teddy Johnson's profile image
Teddy Johnson
  • Investor
  • from Trona, California
  • Member since Apr 17, 2017
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Teddy Johnson
  • Investor
  • Trona, CA
0
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Marketing Your Property

I have an offer on the table.

Teddy Johnson
  • Investor
  • Trona, CA
Posted

I have an offer on the table and a baby on the way....

I currently own 1/2 of a duplex, the other side is for sale, the deal is:

a private contract with seller, 18K total/6k down...payments of 200/month for 5 yrs. the property has a 425/month income but sewage and insurance would estimate around 100/month so profit only looks like around $125/month. 

Good Deal? Do I do it? 

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