Quote:
Originally Posted by phikappapsi
Leon. I think his point was, you could probably do that with a house too, if you were willing to sell a 400,000 house for 200k. Maybe the cards you're talking about have a value of 400k, but given the current market, if you wanted to sell them fast, you'd have to underprice.
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I have bought and refinanced several houses. No one can get money the next day through that method. And I think with the cards I have in mind I could get 150% of what I paid and at least 80% of market value quickly.