To: rrrod
Where are you talking about? I don't see any problems here, but your points about mortgages are excellent.
I personally do not pay the bank anymore for property, but rather shift assets to maximize profit.
I do have one piece of vacant land that I am having trouble getting the price that I want, but even pricing it for quick sale would net over 10 times the original investment. - Of course, I took that bet many moons ago. 8^)
21 posted on
12/11/2006 3:18:45 AM PST by
bill1952
("All that we do is done with an eye towards something else.")
To: bill1952
"HERTZBERG bought his house 11 years ago for $129,995...Over the years he has taken out $190,000 in cash through refinancings...financed trips around the world ...and enabled some lousy investments. He bought dot-com stocks and lost money. To recoup those losses, he bought commodities and lost money faster." He's the anti-stock advisor; find what he's buying and SELL!
25 posted on
12/11/2006 3:44:38 AM PST by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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