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Old 06-07-2011, 08:04 PM  
epitome
So Fucking Lame
 
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Industry Role:
Join Date: Jun 2009
Location: St. Petersburg, FL
Posts: 12,158
I'd do one of these two things:

a) Buy up front foots and create annuity for life. There are still tons of developers fire selling them for better cash flow.

b) become a hard money lender for real estate investors that know what they're doing and successfully flipping in today's market. Easy 15 to 17% return on your money and at least one point on each deal. Do it at 60% LTV and make sure they have funds for renovations and its almost fool proof unless the market completely crashes. Even if they do fuck up, you own the house. There is no shortage of flippers that use HM, but there is a shortage of HML's.

Last edited by epitome; 06-07-2011 at 08:05 PM.. Reason: grammar
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