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Originally Posted by Jim in CT
oh, so it’s ok to profit on foreclosures, as long as you hold them for 6 months!!! Of course!
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That's not what I said but if you're holding onto property foreclosure or not it's not really flipping.
Quote:
Spence, you are precious. She said it was predatory for banks to foreclose in search of improving their bottom line. But of course, it’s not hypocritical for her to profit from it. and it’s wrong for
banks to profit from student loans, but ok if those loans paid her $400,000 salary.
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If you can't tell the difference between legal and illegal activity I'm not sure I can help you.