Hey K, wanna go in on an investment with me? | Construction and DIY projects | Forums

I'm looking at a cabin with some pretty good upside in Maine. Its way up there though, in Prentiss. What are your thoughts on this? I'm thinking with that low of a purchase price and with what appears to be some cosmetic work, i may keep it as a vacation spot or possibly flip it as a year round hunting camp/vacation spot.

What do you think?

From the ad: "Home on three acres in prentiss maine, just north of lincoln. has dug well and 6 inch drilled well. house has full cellar . oil heat and wood stove. needs finishing, 2 beds up stairs needs finishing plus kitchen and porch. very sound construction and landscaping. House is livable with full kitchen and bathroom, tub shower toilet on state septic system. has small fish pond in back of part of property. Has small garage, a separate 14x30 slab. large 12x16 shed. in the heart of maine lakes and recreation. On paved road .Taxs are 360 a year.At this price could be used as a vacation camp. Also owner can get DSL here. Lots and lots of potential.

..9000 cash or , will owner finance for with 5 k down and 225 a month for 4 years"