While you have a bidding war to lose, you also could potentially lose a good bit of upside if the market drops between now and Spring.If gambling and trying to time the market is something you want to try, I recommend you hold off until next winter after the election, hope that there is a major change in which parties are elected, and then take advantage of the influx of new politicians and their staffs to DC (who will be looking for places to live).Of course, I believe that's a bad decision as well.

Clearly, she has the resources to pay her bills, but has chosen to avoid responsibility.

@Nathan - putting your money with Fedelity is a gamble and you could loose it like many have.

Then you are gambling on getting the other $2k.

Given the market in the Metro Detroit area, I have chosen to rent out a 3/2 condo that I own.

I am thinking about taking a gamble on this property and taking it with the liens.

I made a very conscience decision to enter into RE and have repeatedly chosen to stay in RE despite having received some rather lucrative offers in other industries.Since I left my last corporate job, I've obtained 2 professional licenses, one of which required a heck of a lot of aggravation to lay hands on.

It is very difficult to say which area will appreciate more and its more like gambling to me.

Wholesaling (FSBO & Vacant properties)is the direction I've chosen to start with in order to get some capital under my belt along with doing some bird-dogging, and then start getting some rental in my portfolio.Any thoughts!

That way if they tie with a bidder outside of the group, they still have 6 chances to be chosen the winner.If you look to the right, you notice that each column is the interest rate and they go down as you go to the right.