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Is House Flipping Sleazy?

mises.org — Real estate investors have come under fire recently, particularly for the common practice of "flipping" a property. An investor finds a seller who is willing to sell for a low price (perhaps because of imminent foreclosure or to gain immediate cash to pay other debts), then immediately attempts to resell the property to a third party.

Who dugg this? Made popular Oct 24, 2006

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  • CurtHowland, on 10/12/2007, -1/+5Something also overlooked are the expenses in selling a house. The "flipper" is not making the gross quantity by any stretch.

    Such minor details are usually overlooked by regulators who just want more of your life to control.
  • macewan, on 10/12/2007, -0/+2Flipping isn't sleazy in my book.
  • stoanhart, on 10/12/2007, -0/+1Hey, look, and easy one: No.

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