Need Ideas On Cash Flow

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I am going to put a house on the market and do another exchange.

I should net about 80K.

I am in California and wish to invest out of state.



My ongoing goal is cash flow, the simple reason being that I wish to get to a place where I can leave my current employment and have more time for investing.



I am looking for suggestions on areas and/or investments.



Thanks



Comments(7)

  • ypochris27th May, 2006

    Quote:
    On 2006-05-26 21:24, jimandlacy wrote:
    Alright Chris, we need your cell phone #!

    <IMG SRC="images/forum/smilies/icon_smile.gif">

    Jim


    (517) 285-5760 9AM-11PM

  • sirbeigealot26th May, 2006

    I am looking to build a base of income from cash flow...I just bought some new builds in NC and am working on some other things.

    I am wondering if it is worth it to sell some properties in order to pay off existing seconds on the remaining properties?

  • sirbeigealot26th May, 2006

    I just read that Lansing Mi. is number one in the nation for affordability.

  • jimandlacy26th May, 2006

    Alright Chris, we need your cell phone #!



    Jim

  • sirbeigealot27th May, 2006

    Yea, TCinvestor....
    I just wanted to know if you had any contacts in Buffalo that I could speak to.

    Thanks

  • tcinvestor527th May, 2006

    Sirbeigealot, try sending me an email to **Please See My Profile**

  • ahabion29th May, 2006

    just a thought...

    the buy price of the property value as 200k, first mort with a conventional lender and have her carry the remaining 40k as a second.

    in contract, specify that seller agrees to pay for all points, closing costs, attorny fees, points and repairs to the home Not to exceed 40k

    or

    send a check of 40k to the buyer to cover the above expenses.

    then after closing give her 2k for cooperating and off you go.

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