View Single Post
Old 08-20-2011, 06:56 AM  
gleem
Confirmed User
 
gleem's Avatar
 
Industry Role:
Join Date: Jun 2001
Location: Sunny Land
Posts: 5,593
Quote:
Originally Posted by BestXXXPorn View Post
$325k houses (three to four years ago) are valued at $125k right now with TONS in foreclosure... You can pick up houses for five figures and flip them in five years or so all the while renting them out at a profit even putting only 10% down; including paying a management company.
Who's giving loans on rental properties for 10% down? Those days of buying up investment properties with 10% or less are gone, at least here in FL.
__________________




Contact me: \\// E: webmaster /at/ unprofessional.com
gleem is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote