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Old 03-22-2006, 10:13 AM
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fadi fadi is offline
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Join Date: Aug 2003
Location: San Antonio, TX
Posts: 190
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Hey guys, I have been extremely busy lately working 12-16 hours a day so I have not been active here and I am not sure I will be for a while. I haven't been able to get to the GYM as well, but oh well there are more important things

In any case, I just wanted to give an update. I am still looking into real estate investments and I am currently working on getting my Realtor license. I should have it within 2-3 months.

I am also in the process of purchasing my first house. I it has $29k in equities in it but only $15k profit if I try to sell it due to the cost of repairs, closing costs, and realtor fee (unless I get licensed). This house is a keeper because it is in a great growing area and it should incease $5k-$10k over the next year. This house will cost me about $5k-8k out of my pocket, the rest is financed.

Here are pics of it:
http://216.119.89.91/1sthome/

I am looking for more houses to buy, will keep you updated.
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