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Updated almost 15 years ago on . Most recent reply
04/31/10- What are you doing?
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.
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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...