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Comment by supster

Since you buy the house upfront for cash and hold 10% on the corporate balance sheet, isn't that a significant price & liquidity risk taken (in addition to the usual startup risks)? Because the time at which that house is eventually sold and at what price is somewhat unknowable, how do you mitigate that risk? Overall, I think what you guys are doing is very cool - wish you the best of luck.
parent supster 10 years ago

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