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Nesgroup address: misc.invest.real-estate - Date & Time for the message: /

Author of the message: "Steve Horrillo"

Title of the message:
Re: What is FSOB?

Text of the message:
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 do not 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 have $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'm crossposting this
to a better place. Look at the headers to see where I posted it then join
those Groups.



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