Whats working now?

[Bill Schultz]

Whats working right now for you? What are you investing in? Is anybody doing sub2s, lease options etc..?? What are you doing if you have cash? If you dont?

[Vikram C.]

Originally posted by James Martin:

It is not uncommon to find a home in a decent area selling for $19,000 but worth $60,000 or even $70,000 when the market turn around.

Therein lies your error. When you say that you can acquire properties for 40 cents on the dollar, it means that you can acquire it for 60% less than what it is worth now. Not what you think it will be worth at some point in the future.