Fri
19
Feb
How do they pay for all these houses with cash even if it is at a discount?
They’re investors with cash, and buy properties at a heavily discounted rate. They can afford to hold them for a bit, possibly do some upgrades, and then put them back on the market for resale for a profit.
Author:
Time:
Friday, February 19th, 2010 at 7:25 pm
Category:
Comments:
You can leave a response, or trackback from your own site.
RSS:
You can follow any responses to this entry through the RSS 2.0 feed.
Navigation:

January 12th, 2008 at 12:47 pm
Private Investors.
References :
January 12th, 2008 at 1:17 pm
They’re investors with cash, and buy properties at a heavily discounted rate. They can afford to hold them for a bit, possibly do some upgrades, and then put them back on the market for resale for a profit.
References :