I never said they did. It's the Willie Greens who have the mood. Usually foul.
If I were a smart broker in a secondary market, I'd round up five dentists to put in two thousand a piece, buy forclosed property, then rent it back to the original owners with an option to buy.
Sounds like a good idea. Make sure to include ex-Texan, he needs to finance his retirement on the Italian Riviera.
I tend to dislike dentists, but I've never met a dentist yet who didn't have two hundred thousand sitting in a money market.
The beauty part of the scheme is that the brokers would do the deal, pass Go and collect $200 and then collect a management fee each month for collecting rents and looking after the properties.