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Tilted Cat Head
Administrator
Location: Manhattan, NY
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Quote:
Originally posted by Spherion
Well, the reason I suggested cars, is because I know them. Not really versed in real estate,....yet. I've made at least $1,000 on every vehicle I've ever sold, and of the three vehicles I currently own, I purchased ALL for 75% or less of the loan/market value.
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there comes a certain time when you cannot do that anymore because you will have to register as a dealer.
being a property owner has that same limit, except a single sale of property can net you the same amount of $$$ as selling 20 cars.
look around your area for condos, small 1-2 bedroom homes.
http://www.homes.com/index.cfm
or
http://www.realtor.com
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