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Updated almost 18 years ago,

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noob questions

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Posted

Ive been reading through the forum and I have one important question thats been running through my head.

What happens when you purchase property, say for example, a rehab. You repair it and turn around and list it for sale but it doesn't sell because the market is saturated with homes. Now you have a home just sitting there and seems like you are stuck with a mortgage payment that you probably cant afford, how do people handle that scenerio?

that is probably my biggest fear of getting into REI

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