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by monoideism 2359 days ago
What happens is they haven't sold at the end of the two year term?
1 comments

Sometimes they pay it off, sometimes they extend. Defaults are rare, and we're first in line.
> Defaults are rare,

Because we've been living through a lengthy real-estate boom that will likely bust in the coming year or two. I'm sure you've kept that in mind, but that's the reason defaults have been rare.

I like the idea, however. How do you find your flippers?