@stephenalan Love DC! My wife went to grad school at AU and one of my closest friends is the chef/owner Bart of Belga Cafe and BToo. Would love an excuse to spend more time down there!
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I agree @2phu if we are in a downturn there can be no guarantees made to purchase back within a six week timeframe otherwise the only guarantee will be to lose money on the purchase. I think this model is extremely high risk you do not want to be holding falling real estate on your balance sheet in a bubble.
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You know we are in a real estate bubble when some company pops up promising to "Sell your home in 6 weeks or less" and if they can't they will buy it themselves for "market" price. Despite the fact that if a house isn't selling at "market price" that means it needs to be lowered and the market price is actually declining (see current SF Bay Area prices. Peaked and in the decline. Buyers are fed up with paying sky high prices)
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