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More news! crazy month

May 3rd, 2017 at 01:57 pm

More news

The 2 flat owner is looking to see if I can pay off now at a discount. I currently owe her $26k and am scheduled to pay it off per the contract April 2019 but was going to pay it off early in June 2018 (she does not know that)

Hoping she comes back with a good figure and if so and I can raise the money I will pay her off early and then my total payoff ends 3/2018!! (with only the 3 units left)

It would be exciting to start 'winding up' my 5 year goals.

How much do you think the discount has to be to make sense for me to pay her off early?

No news on my offer yet! Hoping for good news today.

Rachael

Posted in 6 homes-rentals, 3 units-rentals, Musings | 4 Comments »

4 Responses to “More news! crazy month”

  1. LivingAlmostLarge Says:
    May 3rd, 2017 at 02:20 pm 1493821253
    1493821253

    That's amazing news good luck!

  2. ThriftoRama Says:
    May 3rd, 2017 at 04:43 pm 1493829803
    1493829803

    Fingers crossed....

    I'd say any discount would be worth it, as long as you can drum up the money.

  3. rob62521 Says:
    May 3rd, 2017 at 07:39 pm 1493840368
    1493840368

    Wow, wouldn't that be wonderful! Hope it works out for you!

  4. rachael Says:
    May 4th, 2017 at 02:04 pm 1493906680
    1493906680

    She currently is offering me $3k off .I am countering with a total payoff of $21500 and I actually owe $27700 as I have not paid this months payment yet. Fingers crossed for good news today. Would LOVE to pay this off as then it means I have only 10 months to go as the 3 units pay themselves off March 2018!!!

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