Trump - "Older people should be very, very careful".
Yes, you're probably safe enough. So are your kids. ... How old are your parents? Got any grandparents? Obviously I'm not one for freaking out about this shit and buying up all the water and toilet paper. But I'd kinda like my grandparents to be around this time next year. So yeah, seeing it show up in places they frequent isn't really something to just write off. Could easily happen if it ends up spreading far enough.
The 50k value you give is based on what's left of the lien or that's the value total? I want to get into real estate and have some money saved up but don't want to go all in on a single property. I'd much rather find something I can spread around and get some good passive income.
Total property value. There’s some benefits to staying at a lower property value like this. 1) spread out risk. 2) if I have to take a property back, it provides me an opportunity to Owner Finance to a new buyer on a 10/10/10 deal. 10% down, 10% interest, 10 yr term. Banks and brokers do not make these loans as a standard practice. So it’s an underserved market, provides benefit to average Joe and gives them a chance to own a home that they wouldn’t otherwise be able to get. 3) Keeps that cash flow coming.
I’ll shoot you a message when I get to the office.
My wife didn't want to go to work this morning as she has been watching all the corona shit on TV and she deals with a lot of foreign guests at a local Ranch and resort. I told her I would buy her a tent to stay in when she came home! Lol
True, only problem is the long ass check out lines. Not to mention we're 'supposed' to be avoiding crowds.
I may try that online deal where they just bring it out to you. I'm just always afraid they're gonna screw it up or substitute something for great value brand.
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