Right, that’s the point I was making. I did know a guy that would buy them and flip them. It’s a numbers game at that point. Some will be sinkers, but most will make money. If you’re buying one to live in, that’s a heck of a risk.
Then your point sure as hell wasn’t clear because I think many people thought you were saying buying a house isn’t a big deal or a risk if you get it at an auction. Hence all the downvotes.
What could possibly go wrong? That’s definitely worth a massive financial risk.
Right, that’s the point I was making. I did know a guy that would buy them and flip them. It’s a numbers game at that point. Some will be sinkers, but most will make money. If you’re buying one to live in, that’s a heck of a risk.
Then your point sure as hell wasn’t clear because I think many people thought you were saying buying a house isn’t a big deal or a risk if you get it at an auction. Hence all the downvotes.
Yeah, apparently not. I thought it was clear that I was pointing out the “at auction” part and its risks.