06-17-2007, 06:06 AM
quote:
Yep, I agree nothing ventured nothing gained. Really doesn't sound like your out of pocket to much. I bet you do well. Good luck, dave
Take care,
dave
Thanks Dave, that's how I see it too. Another advantage is the tax benefits, since it's an investment property all expenses are write-offs and we can depriciate the condo to zero value in 27 and 1/2 years.
Aloha,
John S. Rabi, ABR,CM,CRB,FHS,PB
http://www.JohnRabi.com
Typically Tropical Properties