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Home flipping hits 2-year high

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Mortgage Professional America | 06 Jun 2016, 08:15 AM Agree 0
While most home flipping right now is staying relatively conservative, excessive flipping can spell trouble for the housing market
  • Jim Walker | | 06 Jun 2016, 07:55 PM Agree 0
    It would be interesting to see the dollar figures behind those percentages. Buying a $100K house for $73K putting $30K in repairs, then pocketing $106k on the river is a slower march to wealth than flippin burgers. Otoh, putting $30K into a $400K house with those percentages of discount and premium could provide a living income.
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