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March 29, 2005
Bad Math In Foreclosures
I always thought that his concept works phenomenally well with our kind of business – you know like buying really low, fixing it and flipping it at full market value – if you have $30,000 to $50,000 in equity after repairs – you have enough room to underestimate repair costs, give generous seller concessions, help with down payment assistance, buy appliances, pay bird dog fees and still makes tons of dough at the end of the day.
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Posted on March 29, 2005 10:55 PM by seller185.
Filed in Mortgage Calculator under seller concessions.
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