Advice Please… - Posted by Cory
Posted by Cory on September 08, 2003 at 14:10:27:
Hi everyone I stumbled onto this site about 6 month’s ago. I used everyone’s advice and flipped a house and made $35,000.00 owned the property for 4 days Sweet… anyways that’s a success story. I have purchased another house and hade a real este broker call me last night with a buyer…I bought the home for $80,000.00 and I am selling it to the buyer for $119,000.00…the broker wants to know what I will pay him for getting me this… a percentage of 5% of total price…also I am trying to be creative with money to try not to get hit to hard on gapital gain taxes…like some cash maybe $10,000.00 and I will drop the sale price to 105,000.00…what is your advice.