The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Tradelite who wrote (38880)	8/23/2005 10:20:01 PM
From: John Vosilla	Read Replies (2) of 306849

"I hope he puts as much effort into finding renters for his properties as he does in trying to buy them. He needs renters more than he needs another condo. Doesn't seem like he realizes that." It's pretty much common knowledge now in bubble markets that no investment properties purchased at today's market value with fully amortizing loans will not cash flow without 40-50% down so no need to worry about renters. Just flip to the next sucker.

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