Would you sell if you were me, jy101?
Since I don't have that much cash to invest, I can only get one. If I hold on and rent, it'd rent for $600. After tax, ins, manage, repair, vacancy, I'll probably end up with $3-400. But it takes more than 4 years to get $20K.
Also, there are much less cheap houses available. I'm hoping there would be more after the 8K credit expires.
I was gonna ask your opinion
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back when I still fliping, for every two I flip, I kept one.
-jy101-
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10/08/2009 postreply
21:38:18
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bottom line is, you need the capital to reach scale.
-jy101-
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10/08/2009 postreply
21:41:01
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how you can use IRA for expense? you have to
-寒晓-
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10/08/2009 postreply
21:41:57
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Only special IRA guardians can do that
-sunskitehomes-
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10/09/2009 postreply
06:41:04
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basically, the guardian writes checks for everything
-sunskitehomes-
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10/09/2009 postreply
06:51:10