Real Estate People

[GatsbyGirl]

I agree - the cash flow game is a good one. No kids, but I am such a geek that I actually do a 3 day personal finance seminar for my nieces and nephews. I supervise their investments and make sure they all buy houses beofore they turn 25.

Ha ha - my elderly uncle (honorary dad) lives in Ocala in an "active adult community" and the calorie laden coffee days are long gone on my quest for 15% BF.

 

[dougmug]

I buy bank owned props (REOs) so they always need some work. My guys get the work done in usually less than 30 days and we rent out the units. Then I refinance into an Option ARM up to 75-80% of the new (current) value taking some cash out to replenish the fix up costs that I funded out of pocket.



Do you have a Realtor find you the REOs?
D