I made my first offer recently. With pretty conservative (0% appreciation over 30 years, 1% inflation) calculations it is net neutral to positive over our rental situation the last few years. There is a pretty good chance of getting it net to us.. zero down. So the basic calculations were that we don't have to put a lot into the place, we like the area and if everything goes to heck the bank has a nice shiny well kept house to market.
I won't provide too many more details, as many know I am extremely private. But I thought it'd be a good topic for discussion.
Showing posts with label wtf is he thinkin'. Show all posts
Showing posts with label wtf is he thinkin'. Show all posts
Tuesday, October 20, 2009
Subscribe to:
Posts (Atom)