However, rates have since moved upward.A 30-year fixed rate mortgage is once again sitting around 7% interest:The real estate industry hoped 2024 would see a recovery in which mortgage rates fell and home sales climbed.

As one who was personally defrauded by Clayton (despite his claims it was all his partner's fault), it really is disingenuous for him not to take responsibility when his Ponzi scheme fell apart.

Hi @Constance Kang,I wish I would have seen this post before I fell into that $30k "financial education" trap.

when i heard of 6 figures of rental income I fell out of my chair. 

I fixed the roof myself out of my own pocket.I called the insurance broker  and he straight asked me if there was a damage after the hurricaine, so I said a tree fell but I fixed it myself out of my own pocket.

I’m feeling a little down because a deal I was working on fell through.

He fell into it by building good relationships.

@Tyler Jahnke  while I appreciate your calm demeanor through this whole debacle.and I understand you only invested 50k or less which you also point out was a majority of your cash.there are others who have done 4 and 5 times that or 10 times in one case and their lives are in turmoil.. everyone is different in how they handle this stuff.. some people would completely fall apart if they lost 40 or 50k.. of course your not a total loss until you try to sell there is some value there. not what you paid for it but some value..I think the issue is all those that trusted Morris and its now come out that is was just misrepresentation at the least and gross negligence at the worst or even the F word.. or P wordit is amazing to see how each of your folks that fell for this react though..

You're in business to make a reasonable profit without exposing yourself to liability.Ok I see your point but how many drug dealers live in your neighborhood or how many murders or people who break into other people houses and steal from them or prostitutes do you know of.

@Jerry Shen I'm not sure what platform you use, but I know Coinbase sets sell limits, so for me, I couldn't liquidate my entire position in one fell swoop even if I wanted to.