Thread: Ask me anything about "Flipping" homes
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Old 09-03-2007, 01:33 AM
Kedu Kedu is offline
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Join Date: Nov 2004
Posts: 1,033
Default Re: Ask me anything about \"Flipping\" homes
I have a subscription to a foreclosure listing website. Most of the deals seem to good to be true. For example one house:
purchase price 21k
last sold for 150k
appraised in 2006 for 90k

What's the catch?
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