The city is giving us what amounts to $60,000 for acquisition and repairs (per house). So if it costs us $100,000 and we borrow $40,000 for purchase and repairs, then we sell it at fair market value for $85,000. We pay that $40,000 back and we've got another $45,000 and plow it back into another house.
-Matt Strauss
Select a background
More quotes by Matt Strauss
Popular Authors
A curated listing of popular authors.