This one just caught my eye. It just sold 2 weeks ago for $1,180k and is on the market again. Of note, it is located next to the busy Camino del Sur. It looks like somebody out there is trying to make a quick buck…
Something is odd about it. These people put up a million bucks in cash for the home, then financed the 180k plus another 28k from another private party. Now even if they get full price they are not gonna walk away with much at all after closing costs and commissions.
Why put up a million bucks in cash to make 30k?
Flippers, even the idiots don’t do that. People who purchased a home and then had something bad happen do though.
Something is odd about it. These people put up a million bucks in cash for the home, then financed the 180k plus another 28k from another private party. Now even if they get full price they are not gonna walk away with much at all after closing costs and commissions.
Why put up a million bucks in cash to make 30k?
Flippers, even the idiots don’t do that. People who purchased a home and then had something bad happen do though.
Something is odd about it. These people put up a million bucks in cash for the home, then financed the 180k plus another 28k from another private party. Now even if they get full price they are not gonna walk away with much at all after closing costs and commissions.
Why put up a million bucks in cash to make 30k?
Flippers, even the idiots don’t do that. People who purchased a home and then had something bad happen do though.
Something is odd about it. These people put up a million bucks in cash for the home, then financed the 180k plus another 28k from another private party. Now even if they get full price they are not gonna walk away with much at all after closing costs and commissions.
Why put up a million bucks in cash to make 30k?
Flippers, even the idiots don’t do that. People who purchased a home and then had something bad happen do though.
