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04-29-2016, 01:39 PM
AMSOILGUY
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Join Date: Nov 2012
Location: Cedar Rapids, IA
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I'm sad to say I missed out on my first real-estate investment by 45 minutes yesterday.
I already had a tenant that was going to pay rent that covered the mortgage and I would have had 1/3 for myself. This commercial property sat on .51 acres and was 1890 sq. ft. My offer was submitted 45 minutes after they already accepted an offer of 115k which was 5k less then mine, the list price. The listing was posted 4/25/16(Monday) I found it on Tuesday night. I went and looked at it Wednesday got financing Thursday morning and submitted my offer that day. It is literally 2 minutes from my house. I guess things happen for a reason.
At least I'm in the green on all 3 of my very small holdings that equal $900.00. Only a small difference of 119k
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Last edited by AMSOILGUY; 04-29-2016 at
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