Comments on: Casey Serin’s 10 Flippin’ Mistakes http://blog.dawngriffin.com/2007/07/24/casey-serins-10-flippin-mistakes/ Fri, 21 Nov 2008 23:07:43 +0000 http://wordpress.org/?v=2.5.1 By: Curtis http://blog.dawngriffin.com/2007/07/24/casey-serins-10-flippin-mistakes/#comment-2777 Curtis Tue, 24 Jul 2007 13:24:15 +0000 http://blog.dawngriffin.com/2007/07/24/casey-serins-10-flippin-mistakes/#comment-2777 Wow! Very eye opening. It's sad that so many people got caught up in the frenzy thinking it would never end. After reading some of his blog, I don't really feel sorry for him. He knew what he was doing and just didn't have the brains to do it right. I've been looking at buying my first investment home, but I'm also an analyst for a living. I know the neighborhood, a probably ARV and what kind of budget I could handle before I go see the house. If I can't make it fit that budget, I'm not interested. Oh... and 1 house at a time while I get my feet wet! Sheesh... some people are just not smart. I've always said the banks are way to eager to loan money. I always have told the banks what I'm willing to spend on a house. You let them tell you, you will be in trouble later. Wow! Very eye opening. It’s sad that so many people got caught up in the frenzy thinking it would never end.

After reading some of his blog, I don’t really feel sorry for him. He knew what he was doing and just didn’t have the brains to do it right. I’ve been looking at buying my first investment home, but I’m also an analyst for a living. I know the neighborhood, a probably ARV and what kind of budget I could handle before I go see the house. If I can’t make it fit that budget, I’m not interested. Oh… and 1 house at a time while I get my feet wet!

Sheesh… some people are just not smart. I’ve always said the banks are way to eager to loan money. I always have told the banks what I’m willing to spend on a house. You let them tell you, you will be in trouble later.

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