Help stop a soon to be flipper

NEW -> Contingent Buyer Assistance Program
<p>You're assuming your Dad is incompetent. He owns one fourplex. Maybe he knows the rental market enough to work it. If he is looking in Long Beach, he may get frustrated with the Bank's unwillingness to deal.</p>

<p>As for making money in the market, it's tough, but doable. Successful rehabing professionals all say the same thing, "you make your money when you buy".</p>

<p>Today's blog entry is a good example. If it isn't trashed, you could likely liquidate it at $925-$950 quickly. If you can pick it far enough below that, the rehabbing is minimal, you could turn and get out with a nice but fair profit. Of course, you could get stuck too.</p>

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no such reality is absolutely right. Sure it could be done if he is a good enough negotiator to get the home at the right price. banks are more willing than ever to negotiate at this time.
 
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