| Steve Horrillo 2005-07-02, 4:25 am |
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On 1-Jul-2005, Edward Lee <e@c.com> wrote:
quote:
> LB@notmine.com wrote in news:42C5A8DD.7CE951AA@optonline.net:
>
> That I had 2 replies is certainly promising.
>
> So for anyone actually reading this. I have $200,000 in spare capital.
> $1.1mil in loans on property valued at $2.6mil. Would you guys put the
> $200,000 to pay down the loan (at 7% interest) or find another property
> (and if so, what kind of property would be ideal with that much down?).
>
> Regards,
> Edward
Why are you not posting this to investment newsgroups? I'm crossposting this
to a better place. Look at the headers to see where I posted it then join
those Groups.
IMO you should save your capital for the coming decline.
--
Warmest regards,
Steve Horrillo, Realtor / Trainer / C.Ht.
http://BrokerAgentTraining.com (Advanced Training for Real Estate
Professionals)
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http:/HipFSBO.com (Object to Paying Commission? Find a FSBO Friendly Real
Estate Professional)
http://eLOWn.com ("Got a heartbeat?" Get a loan! Credit Repair Library)
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