[Moonman62]

I only buy it when I can really steal it from banks, put in 30 days or less work and turn it for at least 100%. When the banks are loaded with distressed property you can make cash deals with them for 50% or less than market. A bank can only hold a forclosure for 18 months and they have to get rid of it.

Do you pray for human misery every night before you go to bed?

[dalereed]

Making a profit on misery sure doesn't keep me awake at night.

[B4Ranch]

Please don't degrade fellow Freepers. The banks are the ones who take these homes away from the suffering families, not repurchasers who relieve the banks of their overloads of foreclosed property.