Thursday, June 7, 2012

Magnolia Homes - 2 Houses, 2 Lots, One Price - $599950! NOT ON THE MARKET!

Fha Interest Rates - Magnolia Homes - 2 Houses, 2 Lots, One Price - 9950! NOT ON THE MARKET!.
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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Fha Interest Rates . www.DealsInSeattle.com Here is a unique opportunity to buy two houses on two separate lots for one low price - 9950. This deal is not on the market yet - you are one of the first people to know about it! If you were buy these two homes separately, you would be paying 9950 for the front house (3 large bedrooms, 2 full bathrooms, plus an office, approximately 2400+ sqft including the unfinished basement), and 9950 for the back house (2 bedrooms, 1 bathroom, sunroom, approximately 1500 sqft including the unfinished basement). So you would be paying 0000 for these two homes. By buying them together, you are saving 000! Plus in essence, you are purchasing an investment property - a duplex. Let's Look At The Math - You will be surprised by these numbers Let's say that you are in the market for a 3 bedroom, 2 bath house for under 0000. You want a house because you want the buy now while the market is low, and you're sick and tired of renting and not having the privacy of owning your own home. You find the front house for sale at 9950, and you decide to buy it using an FHA 30 year fixed loan which allows you to put just a 3.5% downpayment (9950 x 3.5%=648.25) If you were to get a 5% interest rate, you monthly principle and interest payment would be 20.07 per month. Let's see what would happen if you were able to buy both homes for 9950, still live in the front house, and rent out the back house for 50 per month. Your 3.5% downpayment for an FHA ...
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