To: PeterPrinciple
It just blows me away that people would go do something like this. How somebody could go buy houses (plural, no less!) without giving the slightest thought to how they can pay them off is beyond me.
Some people wake up to a brand new world everyday.
To: Excuse_My_Bellicosity
Well there are no-money down deals but they generally involve properties in economically depressed areas or homes in foreclosure or probate. Generally, you have to buy a mortgage to purchase a property. People who think the exception is the rule can find their lives changed... and not always for the better. The best source on how to profit in real estate is John T. Reed. He has good advice and also gives a run down on the TV gurus.
(Denny Crane: "Sometimes you can only look for answers from God and failing that... and Fox News".)
18 posted on
10/09/2005 6:49:45 AM PDT by
goldstategop
(In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
To: Excuse_My_Bellicosity
How somebody could go buy houses (plural, no less!) without giving the slightest thought to how they can pay them off is beyond me. This is what comes of people thinking that as soon as they scream "victim", someone else will come along to bail them out of the mess created through their own stupidity.
To: Excuse_My_Bellicosity
If a deal sounds "TOO GOOD TO BE TRUE", it probably (98.5% probability) isn't true.
63 posted on
10/09/2005 7:33:16 AM PDT by
albee
("Those that bite the hand that feeds them will lick the boot that kicks them!" - Eric Hoffer)
To: Excuse_My_Bellicosity
Some people in my area actually lost money in that ridiculous e-mail scam from some "heir" in Nigeria.
I was floored that people actually fell for THAT stupid scheme. It's ignorance and greed.
80 posted on
10/09/2005 8:26:54 AM PDT by
DLfromthedesert
(Texas Cowboy...you da man!!)
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