Posted by Carmine - Vegas on February 05, 2002 at 16:27:15:
Your right…I forgot. The house was built in 1966 so it is pretty old. The roof was replaced about 1.5 years ago and everything else seems in pretty good condition other than what I mentioned in my above post.
The current house I am looking at is over on the east side of town…and for repairs I was guessing around 10k total. A friend of mine told me it would be about $3,500 to resurface the pool, and maybe $6,500 to recarpet the house and fix the windows and repaint the trim.
I was originally thinking I could take it sub2 and L/O it out with a mortgage broker friend of mine helping my T/B along in getting financed. I was getting pretty excited about the deal until he told me both mortgages were at 13%…you’re right ouch.
Email me! I’ll buy you dinner and pick your brain on getting started in REI! hehe
Thank you for your reply