Hello there, ladies and gents. I have an idea I'd like to run by you.

I'm a poor college student, as many of you know. I live in a school apartment, work part time, live comfortably for what it's worth, but I'm gonna be needing a lot more money in the coming months, and have no way/time to make more. Then, I got an idea.

The Apple iPad is all the rage now, right? And, Apple just recently announced a month delay in the EU release date, right? Those two things combined means that eBay prices for the iPad are ridiculously inflated, especially on listings that ship internationally.

So, here's my idea. I have no iPad, and no money to get an iPad. On eBay, I make a listing saying that I have a new-in-box iPad to ship internationally, with a stipulation that it'll take me a few days after the closing time to ship it out. I wait until the bidding goes up, or I set a slightly high buy it now price, and when I get the money from the winner of the auction, I withdraw it from Paypal to buy it from a local store, or use Paypal to buy said iPad online with fast shipping to my apartment. I then take it immediately to whatever shipping company can ship internationally, pay for the shipping and insurance, and pocket the entire difference as profit.

Long story short, I buy and sell an iPad, all without spending a single cent out of pocket.

Good idea? Bad idea? What do you guys think?