Posted by Paul_NY on April 06, 2000 at 20:15:10:
I’ve bought houses, mobile home pads, commercial buildings and vacant land for as cheap as $10 and as expensive as $1000.
An exit strategy:
Think Lonnie style. Sell for 5-7k with a small down on Land Contract or Contract for Deed. So what if you get it back. Resell it again.
The check is in the mail!
Paul_NY
I bought a house for $816… - Posted by Walt_FL
Posted by Walt_FL on April 06, 2000 at 18:46:58:
… and probably overpaid. At a Tax Deed Sale, Actually I bought 2 (other was $1,600) plus $100 doc stamps for both. They are UGGGLLEEEE! Municipal liens, Southside. I take a shot and probably learn alot, I was think Prehab (ala Joe K), try flipping to contractor/Investor/Landlord, sweat equity to fixer guy, or local area resident. Any comments, suggestions, or Ideas are welcome as I did not spend alot of time on my exit strategy.
Walt_FL