Thursday, January 13, 2011
FIRST DEAL OF THE YEAR!
The property shown in this video is different than the property I showed pictures and video of earlier. This property was sold at a foreclosure auction on January 11th. A local Roanoke investor purchased this property at foreclosure and then quickly turned around and sold it to me at a great deal! I purchased the property for $35,000. It sold in 2005 for $108,000 and is currently tax assessed for $78,800. It has a two bedroom, 1 bathroom, Eat in Kitchen, laundry, and Living room upstairs and one bedroom, one bathroom, eat in kitchen, laundry, and living room downstairs. It should bring in a minimum of $975/mo. after I put in a little elbow grease! I will comment later on how this affects my 2011 goals!
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Deal
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