Saturday, March 17, 2007
Have You Flipped?
Inquiring minds want to know...
When I read stuff like this I can't help but wonder if people actually find this encouraging. I really do hope that people don't go out and buy the junk we're looking at to renovate and put the prices up into territory that we can't possibly mortgage our first born to pay... or maybe I do. That way when they realize the mistake they've made and can't possibly cover their flip-related debts with the rents they can bring in they'll be forced to sell in a hurry and bears like us can come in and low-ball. Someone please write that story for the $250 prize.