Quote:
Originally Posted by woj
Only real estate flippers get slaughtered, those that make long term investment in cash flow positive real estate are always fine... in the worst case, one may be briefly underwater for a few years, but if the cashflow is paying all the expenses, so what... or am I missing something?
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that's my understanding as well, but I'm not involved yet... that's just what I get from friends here who've got apartment complexes and "flip" on the side. they're not flipping right now..