I'm very excited to move forward onto the next one. Last night I just closed on a Mobile home to a senior couple. Here is the whole deal. I just love it.
I got the home for free from my motivated community owner. I put about 3000 into this home, it didn't need a whole lot. I have my worker that does most of the work, he is learning and growing more every day. My buyer bought this for $13500. They gave me $1000 down and I am financing them a loan of $12,500 for 6 years with payments of $244 per month at 12% interest.
Over the loan I will make an additional $5000 with a total over $15500 for the deal.
I love this business, and I'm glad to share success. It is motivating to me to read others success stories, so that is why I posted mine
If you would like to see all the details about this deal go to my investing journal with the link below
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I always say Keep Moving Forward! Never Give Up On Your Dreams!
As Matt Larsen says "Feed the Need" - Edge 2013
Follow my daily investing journal and read about the deals I've done and am working on at:
I'm very excited to move forward onto the next one. Last night I just closed on a Mobile home to a senior couple. Here is the whole deal. I just love it.
I got the home for free from my motivated community owner. I put about 3000 into this home, it didn't need a whole lot. I have my worker that does most of the work, he is learning and growing more every day. My buyer bought this for $13500. They gave me $1000 down and I am financing them a loan of $12,500 for 6 years with payments of $244 per month at 12% interest.
Over the loan I will make an additional $5000 with a total over $15500 for the deal.
I love this business, and I'm glad to share success. It is motivating to me to read others success stories, so that is why I posted mine
If you would like to see all the details about this deal go to my investing journal with the link below
I always say Keep Moving Forward! Never Give Up On Your Dreams!
As Matt Larsen says "Feed the Need" - Edge 2013
Follow my daily investing journal and read about the deals I've done and am working on at:
http://www.deangraziosi.com/real-estate-forums/investing-journals/117493...