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August 24, 2008 at 4:46 PM #261442August 24, 2008 at 10:43 PM #261263peterbParticipant
I just listen to Bruce Norris’s radio show and he claims he’s buying REO’s for 30% of the outstanding loan amount. Said he did about 25 in the last 60 days. He’s mostly Riverside County. But it shows that he’s probably making money.
August 24, 2008 at 10:43 PM #261466peterbParticipantI just listen to Bruce Norris’s radio show and he claims he’s buying REO’s for 30% of the outstanding loan amount. Said he did about 25 in the last 60 days. He’s mostly Riverside County. But it shows that he’s probably making money.
August 24, 2008 at 10:43 PM #261475peterbParticipantI just listen to Bruce Norris’s radio show and he claims he’s buying REO’s for 30% of the outstanding loan amount. Said he did about 25 in the last 60 days. He’s mostly Riverside County. But it shows that he’s probably making money.
August 24, 2008 at 10:43 PM #261526peterbParticipantI just listen to Bruce Norris’s radio show and he claims he’s buying REO’s for 30% of the outstanding loan amount. Said he did about 25 in the last 60 days. He’s mostly Riverside County. But it shows that he’s probably making money.
August 24, 2008 at 10:43 PM #261562peterbParticipantI just listen to Bruce Norris’s radio show and he claims he’s buying REO’s for 30% of the outstanding loan amount. Said he did about 25 in the last 60 days. He’s mostly Riverside County. But it shows that he’s probably making money.
August 24, 2008 at 10:57 PM #261273PadreBrianParticipantWhen you can get a place that is below rent value it’s time to buy.
Bruce’s 30% is probably closer to 40%, but a 60% haircut that you can sell or rent out is where you make the money.
Flippers for the most part could only come to power because of the zero down / no doc loan years. For the most part that is all gone, and we are left with prices that people can start affording again.
August 24, 2008 at 10:57 PM #261476PadreBrianParticipantWhen you can get a place that is below rent value it’s time to buy.
Bruce’s 30% is probably closer to 40%, but a 60% haircut that you can sell or rent out is where you make the money.
Flippers for the most part could only come to power because of the zero down / no doc loan years. For the most part that is all gone, and we are left with prices that people can start affording again.
August 24, 2008 at 10:57 PM #261486PadreBrianParticipantWhen you can get a place that is below rent value it’s time to buy.
Bruce’s 30% is probably closer to 40%, but a 60% haircut that you can sell or rent out is where you make the money.
Flippers for the most part could only come to power because of the zero down / no doc loan years. For the most part that is all gone, and we are left with prices that people can start affording again.
August 24, 2008 at 10:57 PM #261536PadreBrianParticipantWhen you can get a place that is below rent value it’s time to buy.
Bruce’s 30% is probably closer to 40%, but a 60% haircut that you can sell or rent out is where you make the money.
Flippers for the most part could only come to power because of the zero down / no doc loan years. For the most part that is all gone, and we are left with prices that people can start affording again.
August 24, 2008 at 10:57 PM #261572PadreBrianParticipantWhen you can get a place that is below rent value it’s time to buy.
Bruce’s 30% is probably closer to 40%, but a 60% haircut that you can sell or rent out is where you make the money.
Flippers for the most part could only come to power because of the zero down / no doc loan years. For the most part that is all gone, and we are left with prices that people can start affording again.
August 24, 2008 at 11:37 PM #261298CA renterParticipantI’ve also seen a number of flips, and have run into plenty of “investors” at open houses.
The bubble mentality is alive and well in San Diego. It is not over yet.
August 24, 2008 at 11:37 PM #261501CA renterParticipantI’ve also seen a number of flips, and have run into plenty of “investors” at open houses.
The bubble mentality is alive and well in San Diego. It is not over yet.
August 24, 2008 at 11:37 PM #261510CA renterParticipantI’ve also seen a number of flips, and have run into plenty of “investors” at open houses.
The bubble mentality is alive and well in San Diego. It is not over yet.
August 24, 2008 at 11:37 PM #261559CA renterParticipantI’ve also seen a number of flips, and have run into plenty of “investors” at open houses.
The bubble mentality is alive and well in San Diego. It is not over yet.
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