House Buying Spree

The basic idea is to buy houses and sell them in 2 or 3 years.  Here's what it would look like.

1. Borrow $3 million.
   
2. Buy 20 houses at $150,000 each (this would vary based on the city you live in).
   
3. Rent 20 houses at $1,000 a month.
   
4. Survive until you can start selling the houses off (this may be 6 months or 5 years).
   

If the business gets a loan at 6% interest or less (Barrack might have to help), monthly profit would be $5,000 over the loan payment.  It seems conceivable that you could survive on that for a couple of years, or until the market turns around completely.  

It also fills a huge need.  Banks need someone to take away the headache of these houses that they are repossessing.  

Let's say the market goes up and you can sell your houses for 20% profit on average.  That's $600,000 in profit (before taxes).