I saw this one and it struck me as odd that there’s still flipper optimism. Making $500K in 2 years by screwing someone into a life of debt isn’t something that would help me sleep well at night…
“London said he paid about $500,000 for the unit in 2003. He originally asked $1.2 million for the unit and has had to drop the price.
“But even if I were to reduce my price to $1 million, that still would be doubling my money,” London said.”
What if London had to drop it to $400K? I hope it happens…
