alligator
n.β Β«In the coming months, I predict weβll see an increase in people dumping real estate they canβt afford. Theyβll be forced to sell because theyβll be eaten alive by a phenomenon known as negative cash flow. Investment properties that you have to feed money to every month are fondly known as alligatorsβif you canβt afford to feed the property every month, it eats you.Β» ββHow to profit from a cooling real estate market” by Robert Kiyosaki Firstrung.com (United Kingdom) Oct. 12, 2006. (source: Double-Tongued Dictionary)