Posted by Ted on February 25, 2001 at 17:10:13:
Thanks for your input Mike.
The amount after refinance is 153K. I’m trying to get in before the refinance takes place to give me a larger spread between incoming and outgoing payments on the sandwich lease. I definately will get the memorandum recorded to protect myself.
House needs almost no repairs. Touch up paint at most. This house wouldn’t last long on the market, so I’m doing all I can to get a signed contract ASAP.