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After reading every post in this thread that basically is negative on your idea I can say you can probably do some buying.

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I disagree. OP is not nearly ready to buy anything. Learn then buy. "Ready, Fire, Aim" sounds like a bad approach to me.

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You can tell all that from the 4 or 5 sentences that he's posted in this thread?

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Yes, it is most obvious from the fact that he plainly states that he doesn't know what he's doing, and then later, that other than having bought a condo he's got no RE experience. That leads me to believe that some education is in order.

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aren't inflection points reached when the market sentiment is very, very much one sided?

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Don't get me wrong. I'm a huge advocate of buying RE right now. Now IS the time to buy. Now IS NOT the time for the OP to buy. That's because he doesn't know what he is buying and why. 'Investing' with No plan, no knowledge, and no understanding......hhhhmmmmmmm.......I'd rather play craps.

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Again I don't know how you can have that much insight into OPs knowledge or plans.

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The OP stated that he has no experience. Then when pressed to identify which market he believes is a good one to invest in, he replied something along the lines of 'whichever can make the most money'. Not too well thought out.

Other than the specific comments that OP has made, I can tell based on the quality of the questions he poses that he doesn't really have any real thought out plan.

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Why not make some bids at low prices and see what you can come up with?

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OP - you're not ready yet. Learn first then buy.

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What specifically has he stated that you can draw this conclusion from?

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Reread the OPs posts in this thread. He says specifically that the has no experience. He is asking questions that are very very basic. Any basic education in RE would answer the OP's questions. I'm not attacking the OP, I'm just saying that its important in any investment to really understand what you are buying, what your goals are, realisitc expectations for ROI, etc. The OP's questions make me think that he has not thought any of this through.

I don't know what the OP knows. If I'm way off base here, then I'll apologize. Either way, the advice I gave in this thread comes from significant RE experience, and is correct even if it doesn't apply to this exact poster.