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When I called him the ultimate fade, you don't think I was exaggerating, do you? He is all of that and more. He manages to be the ultimate troll and ultimate fade at the same time. He's a riddle wrapped in a paradox, with a bow on top in the shape of a question mark. What to do with...

Fair enough. Res Ipsa Loquitor. If you need the name of a truly honest, experienced (60 yo) broker, who's seen it all, and is in Florida, shoot me a PM. I know a guy that is more in tune with what you seem to be looking for.

http://www.nytimes.com/2009/05/28/business/28pequot.html?_r=1&hpw I can honestly now say that I've seen things in the last two years that I didn't think I'd see in my lifetime. I always thought of them on the up and up.

The quote above is the audible equivalent of a Walrus farting onto the sun-warmed rocks upon which it lay.

You're not serious, right? I mean, it's not as if it wasn't clearly expressed that the bank wants to sell the entire project off from my very first mention of the whole deal. Let's not beat what is now a dead horse. I don't know of 5 comparable houses to the one in the article off hand...

You don't understand english very well. First of all, you're offering to buy 5 units without seeing them, let alone personally inspecting them and all the bank requirements to close? Second, and more importantly, what part of the bank wants to sell the whole block of 37 units for cash...

Credit is dope, and we've become a nation of dope addicts. That's why the only hope in avoiding a depression is a new and better drug, provided and pushed by the government, but it's not going to happen given the balance sheet we have and now that the world is wise to us.

Dude, MLS is for idiotic real estate agents so they can make commissions off retail client transactions. Bank workout departments don't list troubled projects, in totality, on MLS. They don't want to wait 10 years selling these properties a la cart. They want them gone, now. I'm talking a...

It was 2 million. 20 was a typo. I'm not going to just blurt out the names of developments that I've spent X number of hours speaking to banks about and doing due diligence on. Are you crazy? If you are serious, escrow some serious money, I'll have you sign a non-disclosure agreement, and...

Melbourne, Sarasota, Clearwater, Port Charlotte, Port St. Lucie... I could go on. Shit, you can steal stuff in Naples...Naples! I was just there. I don't talk out my ass. I don't like Naples for a variety of reasons. That's not to say it's not a nice area. If you like Naples or areas...

I will show you a development in Clearwater right now where you can buy attached condominiums, of various sizes the smallest of which is 1,450 square feet and the largest is 1,900 square feet, that are brand new, were built in 2005-2007, where you can buy 37 units for 52k each. Everything is in...

You want to buy nearly new homes in that area? I'll tell you what. Money talks and bullshit walks. Scrape together a couple million dollars provable by a letter of credit from a FDIC insured bank, put it in escrow so that I know you're serious, and I'll personally meet with you and show...

Oh, I'm sorry; you're the one with knowledge of that area of Florida, and intimately familiar with different types of construction, and the specific details of this house (and how much it cost to build) just by look at it, right? That house has a one car garage, it's not even on a crawlspace...

Another CNBS stooge...

Damn. Cypress Hill. Partying hard and maintaining an almost perfect GPA in college. You took me back, man. I'm all nostalgic now.

crotchrot *disease of the skin folds down under in humid, hot climates such as southeast Asia.

lmao! Are you actually serious?

+1 Total bullshit.

Okay, so the woman in this article will have a mortgage payment of $230.83 a month @ 5%, and that's if she puts NOTHING down. You can't rent any apartment or house, anywhere, for even 1/2 of that amount. In much of the country, you couldn't rent an apartment or house for 1/4 of that. If...