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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Bankroll Posted by Royce on May 03, 2002 at 9:55 PM Ward; I'm just starting out in this business and have saved a small amount of cash. I'm going to my first trustee sale next week to bid on a condo whose FMV is $75,000. Opening bid will be $22,000. How much cash do you think I'll need to be the high bidder. There are no other liens on the property. Royce Follow Ups: Cash out of pocket = $49K (commission is deferred). Ward-CA- 7:00 AM, 05/04/02 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Ward; : I'm just starting out in this business and have saved a small amount of cash. I'm going to my first trustee sale next week to bid on a condo whose FMV is $75,000. Opening bid will be $22,000. How much cash do you think I'll need to be the high bidder. There are no other liens on the property. : Royce Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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