Exactly HOW he saw it coming demonstrates his insight into the type of things that cause economic domino effect. At the time he was working with a bank and two people approached him about getting them a home loan. The two were Cabbies, and together wanted to purchase a 1.2 million dollar house to flip. PJ knew they shouldn’t be able to purchase a home of that value, but within 15 minutes they were approved for the loan. When he realized that people all over the U.S. were getting similar loans, he knew it would only be a matter of time before things collapsed. Listen in to see how PJ is able to pay attention to these kinds of situations on this episode of Invest Four More.
