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Old 07-20-2012, 09:53 AM
barrysloate barrysloate is offline
Barry Sloate
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Join Date: Apr 2009
Location: Brooklyn, NY
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Quote:
Originally Posted by Leon View Post
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.
Leon- agreed that rare baseball cards are a very liquid asset, and that you could get 80% of their value rather quickly. But you would be leaving 20% of their value on the table. I think any asset discounted that deeply would be pretty easy to sell. If your home is worth 500K and you put it on the market for 400K I don't think it would take too long to sell either.
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