Re: 10 days to go…OK…you asked…I tell… - Posted by JohnB_NJ
Posted by JohnB_NJ on March 20, 2000 at 21:59:11:
March has been interesting…to say the least…
I purchased a 3bd, 1bath ranch for 43k. Needs paint and carpets and will be worth 75k. I will keep this one for a 225/month +CF. Closing is next week.
I sold my “subject to” deal and made a 17k profit. In and out of that deal in just under 2 months.
Signed up a Sandwich Lease/option this week. This will net $125/week, 2500 to 3k up front and 7k on the back end. Nice ranch.
And the big deal of the day is a water front junker for 50k…I have a buyer lined up for 80k. Now, I don’t want to go into detail because I meet with the seller in two days to write it up. She is highly motivated and my fingers are crossed for this deal.
My final deal is an out of state owner who’s house was trashed by the tenants and is in tax foreclosure. She just wants out. This deal is too new to even put down the numbers…I will let you all know at a later date.
Yes, it has been a busy month. I hope you all have been going as crazy as I have been.
Take care and thanks, Lonnie for the challenge. Oh, btw, I haven’t scored a MH deal yet but I still ride the speed bumps every few weeks around 3 local parks.