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Updated almost 15 years ago on . Most recent reply

User Stats

211
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Des Shei
  • Investor
  • Southern CT, CT
41
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211
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04/31/10- What are you doing?

Des Shei
  • Investor
  • Southern CT, CT
Posted

Fellow rehabbers, as we draw closer to the end of april, are you still actively growing your inventory or liquidating? i'll be closing on a property this month, however i'll be holding it not flipping. I plan on reassessing my course of actions after May. I'm interested in know what the rest of you all are doing and how you plan on moving forward. :D
Happy investing.

Most Popular Reply

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17,995
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J Scott
  • Investor
  • Sarasota, FL
17,196
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17,995
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J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied
Originally posted by Sam M.:
I think the "first time home buyers" are going to be kicking themselves for buying when they did as they realize they could have waited a few months and seen a 20K discount instead of an 8K kicker.


I can't speak for the first-time home buyer demographic in your area, but where I invest, the first-time home buyers would much rather get an $8K check than to check a $20K reduced mortgage...

And that's part of the mentality that got us into this mess to begin with...

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