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If you buy a fixer boat you are cutting out the money lender. Instead
of making payments to a bank you are making the payment to a materials
supplier at your own pace and as your dragon hoard allows. This
assumes you have a dry place to work and neighbors who don't mind the
smoke and roar and racket and that you don't mind being exposed to
carcinogens and being filthy and broke and bone weary for years at a
time. Not that I regret a minute of it except the fiberglass layup
part.
I believe some people could conceivably make money doing what you
propose but then those type of people would probably make money doing
anything and lot's more of it doing something else besides boat
fixing. Good luck and happy sailing or whatever.


LOL! I like that part about the "dragon hoard"

Thanks!