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Alias Born 05/13/2009

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Re: Legato post# 265243

Tuesday, 03/16/2010 12:38:40 AM

Tuesday, March 16, 2010 12:38:40 AM

Post# of 704570
Buy a foreclosed and fix it up.

Win / Win situation. Around here (SE Michigan) you can pick up very nice foreclosed homes (well if you see the before pics you might not call them 'very nice') for the price of a decent used car, and that is after putting all the upgrades in. Then no mortgage, just pay summer/winter taxes and call it a day.

I got one under my belt last fall. Looking for one more either this summer or whenever I can set $20,000 aside. I got a nice house in the suburbs of Detroit for $10,700 including taxes. Put $10,000 into it, slapped a couple coats a paint, new doors, windows, lights, carpet, etc., the place looked brand new....

EDIT: Not sure why pics coming out so large. I'm using Linux so maybe it shows up normal on Windows...Try holding CTRL and hitting the minus sign about 10 times if you are getting absurdly large pictures....

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