doofrat, in the future the flippers might NEED to have money to enter the market if enough lenders get caught holding the bag on defaults of these 100% financing exotic loans.
I must admit that I am addicted to the shows. Property Ladder, Flip that house, Flip this house. The Trademark Realty did seem to have their act together on Flip This house. They seemed to always win, though I didn’t expect they would let the show depict them in a bad way.
I feel sorry for the newlyweds on Property Ladder that are stuck with that house in the undesireable neighborhood.