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Florida discounted condos
10-20-2007, 03:22 PM
When buying a property everyone knows that before you do it, you have to do your DUE DILLIGENCE.
What do I want to do with it?
Am I going to resell or hold as a rental?
Well, like my mentor says... money in Real Estate is made when you BUY.
Regarless of your intentions, if you did a good buying decision, it will probably make money.
Pay attention to the numbers, it is an investment, NO emotions attached.
If you want to deal with only below-market value properties,please call me.

Codythebest
10-20-2007, 04:24 PM
It's a strong buyer's market. Everybody get below market value properties, especially in Miami....

REbuyersgroup
10-21-2007, 06:19 PM
I deal in builder closeouts, short sales and foreclosures. When I have "investors" come to me and ask if the property cash flows, I ask how much are you financing? Most of these idots think they can finance 100% of a property and expect it to provide positive cash flow.

Just had a buyer offer all CASH for a home priced at $249,000. The value is easily $380,000+, Short Sale. He is purchasing for investment. If he pays CASH, will it cash flow???? Hummmm....

Florida discounted condos
10-22-2007, 04:30 PM
Hey Craig, I agree with you. Please PM me so I can discuss the new project that we just got over the weekend.
Thanks