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That's what I was thinking...ya'll are some debt free bastads. 150 would be a great enabler though. Besides the boring (yawn) business details, I would pay off my truck note, Find a strong 05-06 GT, buy it and hand it over to my boys at Panhandle Performance for a couple months. It would come out huffin with about 600 to the rear wheels and another 250 on the button. My other toy would be a brand new CBR 600RR possibly 1000..track weekend once a month.
I would find an apartment complex with at least 14 units renting for about $800 a month ($11200 a month income). I would put $140,000, and finance the rest. The key is make sure your rental income is on the positive side to your loan payment. $560,000 over 30 years at 8% is $6861 a month. Positive cash flow of almost $5000 a month.
(takes a bow) thank you
“I don't look ahead... I keep focused on my next opponent. I am looking forward to my next opponent, I don't think past that point.”
--Manny Pacquiao
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