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Old 02-21-2008, 09:07 AM  
TripleXPrint
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Join Date: Apr 2007
Posts: 983
You picked a hell of a time to make a decision like that. Might as well start selling leather pants online, too.

The market is complete and utter shit right now. I would pick another investment unless you have enough money to float a bunch of mortgages for a couple years.

One of my associates was in the rehab business and now he's floating 12 mortgages on properties that he can't flip. He's even dropped the prices down $100,000 and more just to unload but finding buyers is harder than finding an honest politician at this point.

But good luck with that.
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