Real Estate - Can we talk short-sales?

[Smokin Gator]

Originally Posted by MiamiE

Brent I am assuming you're buying properties as investments. You have more experience than me, but why not put a little less down payment and take the hit on the interest rate, being the property wont be around in 5 years. Assuming your plan is to renovate, rent, and flip. If not, disregard.

E... I don't buy to flip. In fact I have not sold a property since 1984. We buy them cash, do any renovations that need to be done, and then rent them out.