put in a bid for #94.., Part 2.

offer of 25k accepted, contract sale, no money down, 6% interest, amortized over 5 years, no balloon, monthly payment $483 plus taxes and interests. the investor is happy I am taking it off his hand.

my crew will spend next 3 days painting and cleaning, possible tenant already line up, proposed rent is $675.


Part 1 here: http://web.wenxuecity.com/BBSView.php?SubID=tzlc&MsgID=181022

a small 3 bedroom home, 1 bath, 1200 sq ft, build in the 40s, new septic, new well, newer roof, easement to lake, needs new paint, new carpet, own by a investor, value $75k, tax $1200 a year.
1
Offered 25k, 1k down, contract sale, 5% interest, balloon in 5 years.

possible rent $575.

this will be my 94th unit.