httpwwwgopherhomescom: Foreclosure Opportunities in Minneapolis - 02/16/09 07:24 AM
They are all over the place and banks are dealing. For investors with cash or the ability to get conventional or hard money loans, some serious opportunities exist.
Here is one example of a fantastic opportunity for an investor.
Three condominiums in a converted five-plex are available. Currently priced in the $35,000 - $55,000 range....but they aren't moving. Because of lack of revenue from association dues, the association is dysfunctional too! Banks are paying every month to maintain these properties, not to mention lost interest and use of what capital remains.
But, if an investor came in and the banks allowed … (0 comments)

 

Steve Jecha

Minneapolis, MN

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Coldwell Banker Burnet

Office: (952) 924-6254

Mobile: (612) 619-0247



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