Updated over 12 years ago on . Most recent reply
Looking for Castle Investors
http://homes.yahoo.com/blogs/spaces/house-flippers-t-unload-york-castle-002931672.html
It seems that a couple of house flippers bought a New York castle back in 2005, thinking they could make a quick buck. (Actually, the plan was to live there for two years, make a million dollars and buy a brownstone.) It had worked for them before, the New York Times reports: Susan and Manfred Phemister "had been flipping real estate in zip-zip fashion since the mid-1990s, and had made a killing each time."
So in 2005, they picked up a 36,000-square-foot castle in Amsterdam, N.Y., for $800,000
Who's in with me? I know there is one guy around here that would be up for this...