Found a condo
Originally Posted by Doom878
Yeah I do notice that Chief F1's posts might seem like that. I don't think he's bragging. I don't think BigPimp thinks he is neither. I think it's an argument of ideas.
was just a general comment, maybe not applicable here, maybe is...dunno dont care...
Naaah, no bragging. Why bother? I could say anything I want true or untrue if I really felt a compelling need to impress you guys. It's just that I've done a lot of homework on this subject, not relying on what someone told me (never do for investments especially) and am hoping to make some $$$ on this place. Worst case scenario I end up w/ a house in a town I love to go to.
Originally Posted by Chief F1 Fan
Naaah, no bragging. Why bother? I could say anything I want true or untrue if I really felt a compelling need to impress you guys. It's just that I've done a lot of homework on this subject, not relying on what someone told me (never do for investments especially) and am hoping to make some $$$ on this place. Worst case scenario I end up w/ a house in a town I love to go to.
Not an ego trip at all. I am not a 'broker' either.
. I do alot more of mortgage 'consulting' and financial advice. The reason I say don't get caught in the hype is that there is nothing BUT hype right now in FL. I hear comments like Chief F1's everyday. Goes like this: 'Yeah I will buy this now, it's ok that I am loosing 400 a month on it after rent, it will go up in value like crazy and I will sell it in 2 years'. Well, that's great and all, I just hope there are buyers out there when rates go up at the higher price. Because if you are loosing money now when the rates are low, you will only be loosing more when the rates are higher. Doubt too many people will make that purchase.
Your piece of mind is that if prices do not go up, you will have a place that you can enjoy. However, this place is not cheap at all. 580K for a townhome seems kinda nuts to me, but I guess thats just me since people are snapping these up like hot cakes.
Originally Posted by BigPimp
So did you get the condo?
i didnt get the one pictured. mine is the next building, the only difference is the 1st floor is carpet (not tile)... it wound up being 203,000
closing is scheduled on or before 9/28
thanx.
i went to the home inspection today... i started not to have one considering the place is brand new.. good thing i did, all the water is backwards (hot is cold,cold is hot). the light for the microwave dosnt work nor the vent fan, and the ice maker isnt working or the water just isnt hooked up...
i went to the home inspection today... i started not to have one considering the place is brand new.. good thing i did, all the water is backwards (hot is cold,cold is hot). the light for the microwave dosnt work nor the vent fan, and the ice maker isnt working or the water just isnt hooked up...
Originally Posted by BigPimp
Not an ego trip at all. I am not a 'broker' either.
. I do alot more of mortgage 'consulting' and financial advice.
The reason I say don't get caught in the hype is that there is nothing BUT hype right now in FL. I hear comments like Chief F1's everyday. Goes like this: 'Yeah I will buy this now, it's ok that I am loosing 400 a month on it after rent, it will go up in value like crazy and I will sell it in 2 years'. Well, that's great and all, I just hope there are buyers out there when rates go up at the higher price. Because if you are loosing money now when the rates are low, you will only be loosing more when the rates are higher. Doubt too many people will make that purchase.
Your piece of mind is that if prices do not go up, you will have a place that you can enjoy. However, this place is not cheap at all. 580K for a townhome seems kinda nuts to me, but I guess thats just me since people are snapping these up like hot cakes.
. I do alot more of mortgage 'consulting' and financial advice. The reason I say don't get caught in the hype is that there is nothing BUT hype right now in FL. I hear comments like Chief F1's everyday. Goes like this: 'Yeah I will buy this now, it's ok that I am loosing 400 a month on it after rent, it will go up in value like crazy and I will sell it in 2 years'. Well, that's great and all, I just hope there are buyers out there when rates go up at the higher price. Because if you are loosing money now when the rates are low, you will only be loosing more when the rates are higher. Doubt too many people will make that purchase.
Your piece of mind is that if prices do not go up, you will have a place that you can enjoy. However, this place is not cheap at all. 580K for a townhome seems kinda nuts to me, but I guess thats just me since people are snapping these up like hot cakes.

As long as the Europeans keep coming, he's fine!
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