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URL:  https://boards.fool.com/if-you-had-sold-for-a-loss-you-would-still-be-17670709.aspx

Subject:  Re: OT: KISS Date:  8/11/2002  2:05 PM
Author:  CatherineCoy Number:  73504 of 882111

If you had sold for a loss, you would still be liable for the deficiency.

But I bought at a significant discount which greatly limits my downside.

I'm still trying to figure out why real estate is considered such a pariah by FIREs.

By the way, for those who consider my purchase a "lucky" one, I know two investors who consistently purchase this way. It's called "value investing" in real estate, just as it's called in equities.


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