Real Estate Crash! ARMs due & people goin' broke!

Greg B · 10-03-2006

Glad I got back into real estate! Friggin' foreclosures are coming in faster than we can count! I can snag up million $ homes for fucking pennies on the dollar!

Either Lensman from GFY or Legendary Lars predicted this and I saw it coming too.

Pal of mine has AWESOME real estate and corporate funding ties and I'm bowled over with the steals. I guess people thought they could roll on with those adjustable rate mortgages til the wolf came knockin' at the door.

Really some great bargains! I mean with $100k stashed away for a rainy day I can snag up ten big properties and flip them fuckers for under market value quick! It's like being a kid in a candy store!

Anyone else dealing with these real estate trends?

10-03-2006	#1
Greg B Members Join Date: Dec 2003 Posts: 497	Real Estate Crash! ARMs due & people goin' broke! Glad I got back into real estate! Friggin' foreclosures are coming in faster than we can count! I can snag up million $ homes for fucking pennies on the dollar! Either Lensman from GFY or Legendary Lars predicted this and I saw it coming too. Pal of mine has AWESOME real estate and corporate funding ties and I'm bowled over with the steals. I guess people thought they could roll on with those adjustable rate mortgages til the wolf came knockin' at the door. Really some great bargains! I mean with $100k stashed away for a rainy day I can snag up ten big properties and flip them fuckers for under market value quick! It's like being a kid in a candy store! Anyone else dealing with these real estate trends? __________________ BOONE'S ADULT CARTOONS