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Country Talk Discussion Board

Re: Re: Mountain Property Real Estate Help, please


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Posted by Salmoneye on April 12, 2004 at 14:00:25 from (69.54.3.43):

In Reply to: Re: Mountain Property Real Estate Help, please posted by suska on April 12, 2004 at 13:42:17:

You can afford it...

You would need the down payment and a 'business plan' to show to a bank...Run it just the way you described it as a 'Seasonal Rental Property'...

Show the bank the potential income after expenses (taxes, upkeep, insurance, etc.), and they will write you a 10 year note if the numbers jive...




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