Posted by JHyre in Ohio on February 08, 2001 at 07:26:46:
Cool! Speaking of thanks, thanks for the referral on that little 4-unit park. They’ve accepted my verbal offer- Land contract, $5k down, $20.5k balance, 8% interest, 20 year term. The thing has city everything, lot rent is $130 per unit, about $40 below market. I’ll let you know how it goes…they’re reviewing my written offer now.
PS: Which bank did you buy from?