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re: I need some advice on this buisness deal
Posted on 12/4/12 at 10:25 am to TIGRLEE
Posted on 12/4/12 at 10:25 am to TIGRLEE
Make sure to factor in transaction costs on the back end (realtor fees, closing etc). That can take a big chunk out of your margin. Also, keep in mind how tight financing is right now, even if people want to buy your place. There is always the chance that you might have to lower your price to get the demand up for someone who can actually get the financing to want to buy it.
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