Posted by Greg Meade on July 08, 2003 at 16:56:34:
Very Cool calculator…looks like buyers owe 17 payments.what a Great business!!!
Thank you
finished first deal - Posted by Greg Meade
Posted by Greg Meade on July 08, 2003 at 15:41:55:
Well, did it!did my first lonny deal and it was sweet.total out lay 3,100. 7300 sold 2k cash down and 340 payments @12% until paid. Have dow coming and can’t wait. had to have buyers pay sales tax when getting title so had to adjust down accordingly. Talked to a person in line at DMV and he does this same stuff. Has done 34 deals in marion county, FL and never had a problem 1. As long as taxes are paid, they could care less. Eveyone behind the counter knows him by name and he tells me if i find a deal too large for me , we can j.v. Are there a BUNCH of people doing this? One more note, he says if the first looker buys the home, i am selling too cheap. 1985 fleetwood 2/1 14X 62. bought for 2260 put in 770 in carpet and tile and 60 for ad. Had nice w/d in it too. Tried for More?
Please help!
Greg
Hello Greg ! - Posted by Bob P
Posted by Bob P on July 09, 2003 at 10:04:48:
I have properties in Marion Co Florida. I am planning on buying used mobiles and doing land / home deals in the next few years. I would like to exchange Emails about some ideas and how your deals are working out if you like ?
Please email me at poland_bob@emc.com
Thanks
Bob P
340 payments?!?! That’s 28 years!!! - Posted by Mr.C
Posted by Mr.C on July 08, 2003 at 15:48:57:
Please tell me that’s a typo.
Re: 340 payments?!?! That’s 28 years!!! - Posted by Greg Meade
Posted by Greg Meade on July 08, 2003 at 16:25:57:
340 per month @ 12% until paid off. Note is for 5300. Still don’t know how to use my calculator so left how many payments blank until i get dow. Hopefully i will be more prepared for a home i look at tomorrow…folks coming from GA to show it…1978 2/2 12’ wide. Lot rent is 160 per month and they are motivated. Asking 3500 will offer 1500 cash. This home is in the same park as above, and i tailored payments to the couple…340 to me 160 to park. Had over 70 calls on the home b4 i could pull ad.
looks more like 17 months to me. NT - Posted by Kyle WY
Posted by Kyle WY on July 08, 2003 at 16:54:19:
NT
Re: 340 payments?!?! That’s 28 years!!! - Posted by Mr. C
Posted by Mr. C on July 08, 2003 at 16:41:39:
$340 per month… yea, that’s more like it.
If you need a easy to use calculator, download this…
http://realdata.com/cgi-bin/htmlos.cgi/0033.3.019286699614274783/push/setuprdcalc3.exe