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20 May, 14:55

Describe the concept of "house flipping."

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Answers (2)
  1. 20 May, 17:04
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    Profits from flipping real estate come from either buying low and selling high (often in a rapidly rising market), or buying a house that needs repair and fixing it up before reselling it for a profit ("fix and flip")
  2. 20 May, 17:28
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    Buying a house that needs repair and fixing it up before reselling it for a profit.
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