Long term or short term?

**Florida discounted condos** · 10-20-2007, 02:22 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, 03:24 PM

It's a strong buyer's market. Everybody get below market value properties, especially in Miami....

**REbuyersgroup** · 10-21-2007, 05:19 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....