New Home

lol at all the ppl talking like the know the real estate business. I flipped houses 60 hours a week for 6 months all over san diego county. Yes it was a little more grim then usual but profit was still made.
Also I know several real estate agents here, in Utah. The market is ok here. The population growth has been crazy in the state of UT

rb5_figure4.gif


Hmmmm if I'm not mistaken Seth Phillips lives in one of those countys.
SOUTH WEBER wooopty wooo!!!

 
How is buying a house for 50% of fair market value speculating? //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif
because he hasnt sold it //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif . until he has money in hand, it is speculative...

and also, please show your math where you calculated $100k to be 50% of $125K //content.invisioncic.com/y282845/emoticons/eyebrow.gif.fe2c18d8720fe8c7eaed347b21ea05a5.gif

 
because he hasnt sold it //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif . until he has money in hand, it is speculative...
and also, please show your math where you calculated $100k to be 50% of $125K //content.invisioncic.com/y282845/emoticons/eyebrow.gif.fe2c18d8720fe8c7eaed347b21ea05a5.gif
i said INVESTORS make money when they buy. That is how the money is EARNED. Is earned a better word than make? Maybe I should have used that word. I also mentioned no real investor would pay 100k for a 125k house, that would be plain stupid. 60%-70% of ARV minus closing/holding/repairs is a more reasonable number

Money is earned when you buy. If you don't buy right, you're not gonna make money, PERIOD. You just won't be seeing any of that cash until you sell //content.invisioncic.com/y282845/emoticons/crap.gif.7f4dd41e3e9b23fbd170a1ee6f65cecc.gif, unless you refi

 
bimma makes me lol.

money is not earned, or made, until it is in your hand. otherwise, it is SPECULATED on.

it works the same for home builders. a home builder doesnt even make or earn money until post closing... all the way up until closing it is speculated on, because something could fall through, someone could walk away, something could go wrong, leaving you with less than you had to start with.

i have credit cards in my wallet with $7k limits. is that the same as me having $7k in my wallet?

 
bimma makes me lol.
money is not earned, or made, until it is in your hand. otherwise, it is SPECULATED on.

it works the same for home builders. a home builder doesnt even make or earn money until post closing... all the way up until closing it is speculated on, because something could fall through, someone could walk away, something could go wrong, leaving you with less than you had to start with.

i have credit cards in my wallet with $7k limits. is that the same as me having $7k in my wallet?
I do realize and understand what you are saying. What I'm saying is that if you don't buy right, you won't make money. If you still don't understand what I'm trying to say, then I give up //content.invisioncic.com/y282845/emoticons/smile.gif.1ebc41e1811405b213edfc4622c41e27.gif.

 
You wearing sunglasses pointing to a cheesy watch is calling me corny? //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif
if you only new you fat basterd.. man this isnt fun anymore.. dude you could go on and on and on.. ur gay.. flat out... photoshop my pics if you want.. it just makes you that mutch gayer..

 
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