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Originally Posted by MattO
So when all these houses start to get foreclosed on, does that mean I can swoop in and snatch one up for a song? (I own a house now but it's nothing special and almost paid off)
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Same here. I have the cash to pay my house off but I'm holding onto it in hopes of getting some decent foreclosures when the shit starts happening.
I've seriously even thought of using my HELOC to invest in more RE, but haven't bit that bullet yet......