Re: What is FSOB?

Re: What is FSOB?

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 Re: What is FSOB? Steve Horrillo Reply Send to a Friend   Print
 
Subject Author Date
Re: What is FSOB? Steve Horrillo 07-01-2005

On 1-Jul-2005, Edward Lee <e@c.com> wrote:

> LB@notmine.com wrote in news:42C5A8DD.7CE951AA@optonline.net:
> >
> > FSBO = For Sale By Owner pronounced fizz bow
> >
> > This group does not have much activity, but I don't know of any good
> > group. Try google. Be aware that much of what is claimed to be advice
> > is really self-serving bs from realtors.
> >
> > LB
>
> That I had 2 replies is certainly promising.
>
> So for anyone actually reading this. I've $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 am 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)
http://over100percent.com(See How tRealtors Earn Over 100 Percent at EXIT
Realty)
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)


other useful resources:
Government National Mortgage Association - Ginnie Mae
The National Home Equity Mortgage Association
Fannie Mae Mortgage
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