advice and this is urgent!!

Hi,

I am new here.

there is a house 85 old which close to PHL Chinatown .... asking for 90K. A lot of mexicans around. I am thinking to invest it as monthly rent will be around 800. But, when i checked the house, i noticed that the first floor is not flat and there is a hole at the edge of the wall. The seller is telling me it is normal as house is very old. I have following questions:

1) Seller is suggesting to put less value in the contract as she wanted to avoid to pay tax, can i allow her do that? 

2) Seller is telling me that she already found mexican ternants and showed me contract. I am not sure if that is true or not and i dont have experience to find tenants as i am living far awaay from Chinatown.

Any suggestions on if i should buy this property?

Thanks in advance.

 

 

 

 

所有跟帖： 

• 回复：Don't believe anything the seller is telling you!!!! -april- ♀ (290 bytes) () 11/18/2010 postreply 17:44:59

• you don't want to be another ho-ho-cai.... -jy101- ♂ (0 bytes) () 11/18/2010 postreply 17:41:38

• 回复：Exactly, people often make the mistakes of just looking at pr -april- ♀ (455 bytes) () 11/18/2010 postreply 17:48:32

• 回复：In 2006 for only 85K? this house is not worth it! -april- ♀ (567 bytes) () 11/18/2010 postreply 20:37:33

• 奇怪，你怎么会看上这个房子，租金回报不好，增值前景不好，外加LOCATION不好 -红都故人- ♂ (0 bytes) () 11/18/2010 postreply 18:08:33

• 回复：奇怪，你怎么会看上这个房子，租金回报不好，增值前景不好，外加LOCATION不好 -april- ♀ (519 bytes) () 11/18/2010 postreply 20:41:36

• Not good enough, house condition is bad -usinvest- ♀ (277 bytes) () 11/18/2010 postreply 21:21:23

• 班长， 今天终于上岗啦。 -RE8888- ♂ (23 bytes) () 11/18/2010 postreply 22:49:55

• busy hacking the my nook.... -jy101- ♂ (0 bytes) () 11/19/2010 postreply 04:56:14