IF you want to get into real estate and potentially learn and make a few bucks on a property in Abilene let me know.

I made a few thousand less than expected but I figure that's just the cost of doing business sometimes.Based on my experience I wouldn't let the remote possibility that a homeowner might go into greed mode dissuade you from doing these deals.

Best of luck on your journey, let me know how I can support you!

Let me know if you have any questions or need me to provide clarity on any of the points I stated.

Let’s build wealth together!

Now you can let it go to sale and hope it bids higher than the first you would get any overage but dont count on it.. more than likely you would love your entire investment.. this is a very frequent event..

If you just take the 13,835 financed at 6% you are adding 83 dollars a month. so a double whammy.Now, lets consider if rates drop to 5.5% in 24 months (not a prediction just a what if) and you could have refinanced at a much lower costs then the above scenario in what you paid in pre-paid and additional interest. on the other hand, if rates for your same scenario after your 5 year payback period is 9, then you will have an asset with a much lower then current market rent.  

Let inflation do it's thing for another 10 years.

They will let you know what other paperwork may be needed and probably order an appraisal.

We've had her for 10 months, she was quiet, kind, when she had an issue with the apartment she would let me know and I would come fix it.