Can you afford that?

within 60 days all of the credit card companies should have reportedWhat kind of down payment would be typical for such a deal. 20-25% is pretty normal, but it will be based on the debt service that the building can afford.

.- Follow the Boomers---By and large, the over 60 crowd is the most affluent generation this country has every seen...The boomers need or will eventually come to need retirement communities, assisted living facilities, affordable housing and businesses to service their wealth

I spend about 15 minutes walking through it and then I buy it on the spot if the numbers are right.That is why you can't afford to send out letters.

Remember, Federal law doesn't permit them to BROKER sales, but just like any other property owner, they're afforded the legal right to sell their own property without a license.

There are numerous cariable that affect whether you can find them in any given city and they range from tax rates, prices for property, affordable property management, and whether you're market rents are commensurate.I don't think you're running your numbers too conservatively though.

so i can afford to do a double closing?

I'm open to what I can afford at this point, and will produce some cash flow at this point.

While real estate investment would be my ideal occupation I am curently just trying to find a home that we can afford.

Have plenty of properties to choose from, but I find mostly low income buyers who 'think' they can afford a lease option, but $700 a month (average buyer maximum amount) doesn't work for me.