Sweet Deal!!! - Posted by Jonathan Mednick

import · October 27, 2003, 10:49am

Re: Sweet Deal!!! - Posted by Arthur

Posted by Arthur on October 27, 2003 at 11:49:51:

Hes not into it for 30k, he has $47k. He re-fi’d it up to 180k remember…he has done the right thing, If he sold it he would have an extra few k, but at least now he has a monthly income, and it could appreciate in value, plus theres the tax benefits of holding it (no capital gains to pay on the profit as its been re-fi’ed, plus he can depreciate the value of the property and benefit that way.

import · October 28, 2003, 4:36am

Re: Sweet Deal!!! - Posted by tom kirby

Posted by tom kirby on October 28, 2003 at 05:36:12:

Found the site, did a search for reap, but didn,t find any info on the product, like what does it do?
thanx, Tom

import · October 27, 2003, 5:22pm

Re: Sweet Deal!!! - Posted by Jonathan Mednick

Posted by Jonathan Mednick on October 27, 2003 at 18:22:37:

Arthur,

Couldn’t have said it better myself. That is exactly the reason I am holding this property for a few years.

Best,

Jonathan