My $60 dollar colt -May walk away from this opinions PLS!!

As far as marketing him for showmanship and maybe a kid's horse (which is a lot different-sounding than when this thread began...), I don't think you will find many people who will buy a PURELY showmanship horse that is not also rideable, I don't think you will find a lot of people buying low-mileage babies with a big knee and pathological early-in-life swayback for showmanship, and it is going to be hard to produce this horse as a well-schooled kid's horse if you yourself cannot (should not) ride him.

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Hear, hear. You can't expect to resell a quick cheap project for a *lot* more than you paid, and if people are having trouble selling horses at all in that price range, it is not auspicious for YOUR prospects.

The only exception I could see is IF (and it is a REAL BIG if and probably does not apply in this situation) you could obtain a totally-free totally-sound-and-sane horse and had somewhere basically-free to keep it (e.g. keeping it at home on good pasture, so that your only bills would be farrier, vet and winter hay). There is still significant risk in that, though, especially in today's market.

The thing about so to speak "flipping" horses is that it is calculated financial investment, not horseowning hobby. And you should never invest more than you can afford to gracefully lose. You know? Cuz, sometimes you will lose it. And with horses, unlike most investments, it is real easy (unless you are stone-cold practical and will euthanize or auction a horse who has overstayed his welcome by even a week or has a fixable-but-time-wasting injury) to lose MORE than what you originally put into the investment.

You know what you need, if you want a fun project. You need someone who wants their horse tuned up for free. Either tuned up for them or for eventual resale. You get a horse to play with for free (or if your negotiating skills are not as good, or you *really* want to work with a particular horse, maybe just for cheap
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) with no ongoing commitment and no big money-pit potential. True, you would not expect to *profit* from it but you know you were not going to profit meaningfully from this horse anyhow.

I've worked with a buncha horses over the years on that general sort of basis, and as long as you and the owner are on the same general wavelength about things it can be quite a good arrangement. And CERTAINLY makes more financial sense than BUYING a horse
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Good luck, have fun,

Pat
 
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I agree that it is an awful time to be flipping horses. We are lucky enough to have that almost free horse that Pat describes. We paid $75 (meat price) for her as a weanling as the fillies were all to be shipped to the sale anyway. My husband is pretty adverse to buying horses but he took no convincing. She's good minded, well conformed, well bred and the right size. We literally have nothing in her other than time. HOWEVER she's not for sale! She won't be for sale. I highly doubt we'd sell her in a good market, but with the current economy she's worth far more to me to keep than I could sell her for. We could run her through the sale and still probably make a profit, but she's not going anywhere. And no i'm not suggesting that this is a common occurrence, I know I got my once-in-a-lifetime lucky break and i'm hanging onto it!
 
Just a reminder...
I AM not getting this horse, I am passing on him.
There is always a need for horses in our 4H, youth showing. It wouldn't cost me more than my time, or about 80 a month to keep a horse where I work.
BUT if I can't find a good horse that I can put some training into, and find a good home for. Then its not worth my time.

Thanks all
 

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