I bought my first house last night!!! - Posted by Larry TX

Posted by investor on September 17, 2004 at 16:53:54:

I’ve got 3 properties for sale in Dallas.
New Construction!

Email me at looseintern@aol.com
if interested. Willing to seller finance.
Also willing to assign contrtact under right
circumstances.

investor

I bought my first house last night!!! - Posted by Larry TX

Posted by @yahoo.com"]Larry TX on September 17, 2004 at 08:55:21:

Paid 62K plus closing costs and title policy. Repairs and holding costs will bring the total to about 80K with an ARV of 95k on the low side.
I went to my first investor’s club meeting last November and started reading creonline in January. I want to thank you guys and the people at the RICH club. You have been a great resource.

Now I have to decide if I want to rent or sale and if I want to assume the VA loan with 11 years left at 9.0% or get a new loan and include the repair costs. I like the idea of having a rental free and clear in 11 years, but this ties up half my cash.

Thanks!
Larry TX

Re: I bought my first house last night!!! - Posted by Nancy – Los Angeles

Posted by Nancy – Los Angeles on September 17, 2004 at 16:44:00:

Congratulations!! good job! I’m in LA but I started investing in Texas recently, is looking for investors to network with. I’ll be in Dallas, San Antonio and Austing in a week doing market research. Will be happy to make contacts in Texas. thanks!

Re: I bought my first house last night!!! - Posted by tray giddens , Houston

Posted by tray giddens , Houston on September 17, 2004 at 11:02:26:

that’s great larry, what subdivision is it in.