Quote:
Originally Posted by muthisdev
Yeah, but if the housing values collapse in the W months it took for you to fix it, you're fucked.
Hi 2008!
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Exactly, that's why i'm calling bullshit on that dumb Hillary supporter. His real estate investment advice is to buy single family homes (which is terrible) and to try to buy and flip houses at or close to the top of the market. What will happen is some newb comes along, buys a dilapidated house and spends the next 3-6 months fixing it up only to find the inventory now is flooded and he can't dump it. Yeah sure you can hold it but who wants to hold on to single family homes when you could be in multifamily properties?