Flipping Property Despite Economic Hardship

But aren't investors who are flipping houses worried of home prices

? Why should they be? If home prices fall by 5%, that simply means they must be able to acquire the property at 5% lower than their usual offer. If home prices increase, they just have to sell it higher than the usual asking price. Real estate flippers ride the wave of home prices that's how they stay afloat despite a tsunami of foreclosures, despite a wave of economic hardship.

Flipping Property Despite Economic Hardship

By: Kris Top

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