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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (522134)10/20/2009 3:25:33 PM
From: tejek  Respond to of 1583421
 
Back in the early 90s in LA, I can't tell you how many people got burned.....forced into foreclosure and BK."

I bought one of those in Oceanside and sold it ten years later for 5x it's mortgage value, tax free. I imagine everyone knows at least ONE person that has made out like a bandit with RE.


Its the reason I was able to survive all these years. I bought a 30 apt. building in Hollywood for $300K.....totally a wreck and before Hollywood came back from the dead. Had to rehab and reoccupy it. It was a cash cow.