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market is great and sucks fucking balls.
i want more houses. i do not even have a desire to flip them. i want to make them into affordable dwellings as the city so damn much desires. there are foreclosures everywhere in the city. we have the skills to do just about any repairs and if not we know enough subs to get any projects done.
banks just do not wish to deal. if you do not have cash in hand it seems, and talking 30-40% or more per house forget about it. sure banks want to sell them but same damn banks do not want to finance them.
it is like a once in a lifetime housing grab and the rules are fixed primarily to those with tons of cash already. the smaller investors are for the most part left on the sidelines with 401k money at a 3rd of its value. so for those without the cash the best hopes is to buy long on stocks assuming you have age on your side.
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