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kocol
telemarketer
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Beloit or freeport
Saturday, March 31 2007 02:48 PM
I can only afford a 60,000 property. Where would be the most up coming area?
Henry Kocol
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Randy Hughes
Master Advisor-39 years of experience
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Re:Beloit or freeport
Saturday, March 31 2007 03:08 PM
Have you considered Rockford?
Randy Hughes
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kocol
telemarketer
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Re:Re:Beloit or freeport
Sunday, April 01 2007 02:37 AM
Maybe but it just seems like an area which is pretty run down and not the best of nieghborhoods. Your course does teach us not to look at areas that are not in good neighborhoods. But any input is very much appreciated. Is there a part of Rockford where 60,000 will get me a single family unit in a good nieghborhood?
Henry Kocol
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Jim Hughes
Investor
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Re:Re:Re:Beloit or freeport
Sunday, April 01 2007 03:08 PM
Henry,
Yes, try the NE and SE sections of Rockford. Also Beloit is showing signs of being a next growth area and you can still buy houses for $20,000 to $50,000.
Study the area first before you invest. You want to buy right and have a good appreciation on the property.
Hope that helps!
Jim Hughes
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kocol
telemarketer
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Re:Re:Re:Re:Beloit or freeport
Sunday, April 01 2007 06:29 PM
What are the signs of growth in Beloit?
Is Beloiit better then the Rockford area?
What are the tax implications of buying out of state?
Henry Kocol
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Jim Hughes
Investor
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Re:Re:Re:Re:Re:Beloit or freeport
Saturday, April 07 2007 07:00 PM
Prices are rising. New construction is happening. Job opportunities are moving northerly into that area.
Jim Hughes
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Ed Dring
Investment Specialist/Mortgage Broker
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Re:Beloit or freeport
Wednesday, April 11 2007 02:06 PM
Why is it that you can only afford a $60K property? I may be able to help. I have a mortgage company in Elgin called Lakeview Financial Group, Inc.. I would be more than happy to assist you in any way. By the way, I would say that Naples Florida is better than Beloit and Freeport combined. I have investment property there and I am selling 8 condos as we speak. All with guaranteed upfront rent for 1.5 years prepaid after closing. It comes out to about $35,000.00 per unit. On top opf that you can rent it out for appx. $800 per month and make that maoney on top of the 35K.. All with no money down. Take care,
Ed Dring
www.buyamericaproperty.com
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kocol
telemarketer
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Re:Re:Beloit or freeport
Wednesday, April 11 2007 06:23 PM
I don't want to bite more then I can chew. I can handle a down payment of 15,000 in a few months. If I do 100% financing on even 60,000 I would not have a good income from renting. I would prefer to invest in state due to tax purposes. If you would like to discuss it further, my e-mail address is kocol@sbcglobal.net
Henry Kocol
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