Posted by Ron (MD) on February 12, 2001 at 15:38:51:
When a prospective buyer expresses an interest in one of my rehabs, I do not chase after them. I want someone who is serious enough about owning a home that they return phone calls, provide documents, etc. on a timely basis, without prodding. My theory is that if I have to coax and cajole them, then their heart really isn’t in it and they are likely to bail out of the process before settlement.
What’s that got to do with this thread? This wannabe investor wants others to provide the solution to his problem. When he didn’t like the various solutions that were offered, he posted this pitiful, poor-me surrender. I think he is doing exactly the right thing…sitting home wishing he was an investor. Like the unmotivated buyer who is unlikely to make it to settlement, this guy is unlikely to succeed as an investor.
That’s my opinion, anyway.