anybody read the article in yahoo news last night?
http://finance.yahoo.com/real-estate/article/104340/Housing-Meltdown;_ylt=Ai901LEwyqLqzknB1gjFYe5O7sMF
Some "speculators" are calling for a 25% reduction in price ...
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So, we buy right - we rehab the property - we advertise and the we get a valid contract signed. All is good, even the apprasial exceeds our selling price.. and our profit margin is strong (around 30%).
Then we get the...
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