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House flipping startup called open door wtf

By everything following x   2018 Jun 13, 12:05pm 485 views   3 comments   watch   sfw   quote     share    


Oh well, lets party like it's 2006-2008 for awhile longer yet while people run amuck.

https://www.cnbc.com/2018/06/13/house-flipping-start-up-opendoor-raises-325-million-series-e.html?__source=realestate%7Cnews%7C&par=realestate
1   Ceffer   ignore (1)   2018 Jun 13, 12:21pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Sociopaths with bobbing eyebrows, gleaming toothy smiles, and little sparkles in their manic eyeballs. I like it. Take my money, PLEASE!
2   mell   ignore (2)   2018 Jun 13, 12:27pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

What could possibly go wrong?
3   APOCALYPSEFUCKisShostikovitch   ignore (34)   2018 Jun 13, 1:33pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Perfect.

Lennar sells exclusively to Flipper, Inc.

After seven flips the house is 10x the valuation of the GDP of Chile

Then everyone starts gaming the secondaries.

Before the year is up, any house in Vallejo will be worth the GDP of the universe.




The Housing Trap
You're being set up to spend your life paying off a debt you don't need to take on, for a house that costs far more than it should. The conspirators are all around you, smiling to lure you in, carefully choosing their words and watching your reactions as they push your buttons, anxiously waiting for the moment when you sign the papers that will trap you and guarantee their payoff. Don't be just another victim of the housing market. Use this book to defend your freedom and defeat their schemes. You can win the game, but first you have to learn how to play it.
115 pages, $12.50

Kindle version available


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