I've never seen a $10,000 couch before.
Should I post this in "Minor Confessions"?
mtn wrote:Brian wrote: Watching with interest. Wife and I just moved into a rental house. Looking at Zillow, the landlord bought it for $24k and put $6k into renovations. Zillow page, before improvements. The landlord mentioned being open to selling it to us after the lease. He is in it for $30k, I think $35k is a fair offer, maybe as high as $40k.That house would rent for about $2000 where I live, and it would be a teardown where I'm looking at buying.
In paying $800. I'm ok with it but my wife really likes it. In Ithaca it would rent for $1000-1500 and sell for $100-125k.
If we buy it on a 15 year note it would cost us less per month.
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