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#262008 - 11/28/08 11:50 PM $36,500 Instant Equity plus cash flow
Ulch Offline
Junior Member

Registered: 11/28/08
Posts: 4
Loc: Jackson, MS
Hello all!

Just wanted to share an awesome opportunity before it expires on December 15.

The Mississippi Development Authority is giving Real Estate Investors $36,500/unit to come and invest in the Mississippi Gulf Coast.

SFR are priced in the $120,000's, These are new construction and have GoZone Tax Incentives as well as free money from the MDA. If you are a real estate investor looking for a GREAT investment Today please contact me for details. The numbers are fantastic.

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#262655 - 12/03/08 01:30 AM Re: $36,500 Instant Equity plus cash flow [Re: Ulch]
Ulch Offline
Junior Member

Registered: 11/28/08
Posts: 4
Loc: Jackson, MS
I have changed my mind.

This is a bad deal.

Free money sucks.

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#262698 - 12/03/08 10:55 AM Re: $36,500 Instant Equity plus cash flow [Re: Ulch]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 5508
Loc: georgia
We were full from all the SPAM we had already eaten and are on a diet!

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#262749 - 12/03/08 02:36 PM Re: $36,500 Instant Equity plus cash flow [Re: super realtor]
estatereal Offline
Major Contributor

Registered: 01/27/07
Posts: 1843
Loc: USA
i love when someone selling something tells me that i will have x number of instant equity based on the figures that they came up with.....lol....

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#262868 - 12/03/08 10:23 PM Re: $36,500 Instant Equity plus cash flow [Re: estatereal]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 5508
Loc: georgia
You should see the pro-formas commercial sellers base there asking price on sometimes..LAUGHABLE!

Of course they paint the best case scenario with NO RISK.

It's always about whether the seller is realistic or in la,la land.

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#264352 - 12/12/08 12:24 AM Re: $36,500 Instant Equity plus cash flow [Re: super realtor]
Ulch Offline
Junior Member

Registered: 11/28/08
Posts: 4
Loc: Jackson, MS
Well it might be spam, but the numbers are true.
It's called the Small Rental Assistance Program offered through the Mississippi Development Authority. www.mississippi.org

Is this not the proper forum to tell about investment opportunities?

The $36,500 is a grant that does not have to be repaid.
You can use it on many properties down there. This is the 2nd round of funds. Check it our yourself.

Thanks for taking time to respond to my post. But I don't have time to deal with ya'lls crap.

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#264353 - 12/12/08 12:28 AM Re: $36,500 Instant Equity plus cash flow [Re: Ulch]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 5508
Loc: georgia
Ulch good luck to you. I just bought a foreclosed quad that needs work for 3,000. It sold for 280,000 back in 2005.

Those are the kind of deals I like where I can wholesale to anyone for 50 cents on the dollar and move to the next.

For the deals that are out there yours is minimal. Try new investors in investment clubs as they don't know how to find the deals.

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#265230 - 12/17/08 11:40 PM Re: $36,500 Instant Equity plus cash flow [Re: super realtor]
Ulch Offline
Junior Member

Registered: 11/28/08
Posts: 4
Loc: Jackson, MS
Super Realtor,

I don't believe you.

Show me a Hud from the purchase of your Quad for $3,000 and the closed mls listing it sold for $280,000 back in 2005.

I will send you a certified check for $100.00 if you can document your claim.

Thanks and Good luck to you too,

Ulch

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