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[biggrin]Hiya and welcome Dammit!
This info is usually repeated in API every couple of issues.
Hope this helps.[biggrin]Well i realise the 2 strategies are opposites but the outcome of financial gain is the same and both strategies have their pros and cons.(covered ad infinitum elsewhere)
You question of time frame of when the property next door will be up for sale has prompted me to reassess this deal…. now i am going to find out if i can actually “tie up” this property with an option right of first refusal or some other method? Anyone have some ideas how i could coax an elderly woman into some kind of (fair of course) deal?
Also what is a good strategy of dealing with vendor 1 as they have decided they want $355K and there agent says they wont settle for less.Though when i brought up creative finance briefly he said they might be interested.
Any ideas would be fantastic!
sorry this reply took a while i have been flat out in my shiftwork job.(doh!)Cheers Gannfan..
a bit of both!! lol!
Also i’d like to knock off my own $160K mortgage so we can spend more time with the new family.
I’m not sure of the prices developers are paying for 1881m2 of medium density land but i do know the median price of Townhouses in the area is about $330k and the block should fit 10 – 12 on
if this is any indication..
What would you guys do in my position?
