[quote=sdrealtor][quote=flu][quote=andymajumder]I was thinking exactly along similar lines after reading Flu’s proposal 🙂
Think about it, this was quite easily doable during the bubble years when appraisal process was completely messed up….buy your friend’s house at a over inflated price, get a kickback and than default on the non-recourse loan.[/quote]
I really hope you folks don’t think I was serious…
AINT GONNA WORK….
It’s called “strict appraisals”… Though housing in bay area is still crazy, it’s not as crazy at those levels…
And no, I don’t want to be the guinea pig seller. Thanks, but no thanks. I’m pretty happen with the tenant right now…[/quote]
Speaking of Guinea Pigs. ANyone want to buy one?[/quote]
Hijack…Are you serious? My kid was asking for one….I’m trying to keep my damage to just 3 beta fishes, which I just learned you’re not suppose to keep in the same tank….Oops….