Tuesday, April 15, 2008

April 15th Tax Shelters

Taxes due today, if I pick up one of these homes, I'll be glad to write off the interest next year.

MLS #: 789234 List Price: $169900 Offer Price: $TBD Concessions: $4,500 Seller Paid Closing Costs Notes: Sold in 05 for 162k. Comps out at more than 200k. Property needs some TLC and is priced accordingly. At about $76 per sq. foot, the list price may be a teaser and we'll need to contact the selling agent to get more information. Objective: Fix and Flip


MLS #: 766520 List Price: $250000Offer Price: $TBD Concessions: $6000 Seller Paid Closing Costs Notes: You can't beat this price for a home in that area. The list price is probably a teaser, but if the property could be picked up for anything near that price, it would be worth while. Objective: Fix and Flip/Live in.

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