Posted by George-WA on October 26, 2003 at 13:18:26:
Steve, it looks good enough to me. If you want to sell this contract instead of waiting 54 months to get all your money, let me know. With recourse, as lienholder on title, ect, ect. Let’s talk about this if you are interested and maybe want to negotiate the terms. You can email me.
Ding! - Posted by Steve-WA
Posted by Steve-WA on October 25, 2003 at 10:05:45:
HIGHLY motivated seller, gotta get outa town. Needs money to run.
1968 2 bed with tipout, rewired, fulla garbage and smells like cats - $500 purch
dumpster - $400
cleanout - $150
new stove - $100
Sold to one of my other current buyers in same park - retired carpenter, buying to fix up for his elderly mom
900 down, 150 x 54 @ 13.06%
$100 to PM for turning me on to it
taxes & title approx $125
~3 months until free money for 4 1/2 years
So what’s your ROI (if any) ? nt - Posted by Dr. Craig Whisler CA NV
Posted by Dr. Craig Whisler CA NV on October 25, 2003 at 11:19:32:
:~0
So what is this . . . a math test? - Posted by Steve-WA
Posted by Steve-WA on October 25, 2003 at 19:50:39:
PV = 6100
PMT = 150
N = 54
%i = 13.06
new PV = 1375 - 900 downpayment = 475
CPT %i x 12 = Yield = 379%
Gosh I hope that’s good 'nuf!
