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Mystery bidder buys 6,000 foreclosures for $3 million

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Mortgage Professional America | 24 Oct 2014, 12:30 PM Agree 0
Three million dollars will barely buy you a place in Manhattan, but in Detroit it will get you thousands of homes.
  • Cary M Cox | | 24 Oct 2014, 02:07 PM Agree 0
    When all the water dries up in California, and the Southwestern United States, the buyer will make a killing.

    20% of the world's fresh water is contained in the Great Lakes.

    It may take generation, so it may be his children or grandchildren that reap the profit.

    Always buy when there is "blood in the streets".

    I am a contraian, so I think in the long run he made a great buy.

    One day a gallon of fresh water will be worth more than a gallon of gasoline, you can't live without one of them.

  • | | 25 Oct 2014, 10:20 AM Agree 0
    The buyer is another Chinese Army front group. The housing will be filled accordingly.
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