Quote:
Originally Posted by AntonMG
So technically, one could buy the house, demolish it and sit on the lot for 10-15 years then sell it 10x that when the estate picks up again?
I know it's a long shot but still sounds like a pretty secure investment...
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one catch is that you have to pay taxes for those 10-15 years... if it was actually likely that you would make a profit in 10-15 years they wouldn't be giving them away...