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subject: Making a profit from Real Estate Flipping [print this page]

Making a profit from Real Estate Flipping

One minute you may look at the value of property or the Dow and it will be up. You will look a few minutes later and it will be down.The

numbers may be dramatically different you just do not know. Do you recall when you could turn on your television and see all those

shows about Real Estate flipping? That is when you buy a home, fix it up, and sell it again. With the unstable economy that we are in

today is this a good idea.

Many of us are curious about Real Estate investing and have many questions in our minds. Questions such as "Can I make money by

Real Estate flipping in this market?" or "Will the house cost me to much to repair". These are valid questions for one to consider.House

flipping in this economy is still possible. Many people still do it and earn money.

If you are using the right Real Estate flipping system then there are ways that you can make great money. Even when the market is

down. In fact, the market being down is actually helping you.Let me explain what I am trying to say to you. When the market is good, the

seller will usually ask top dollar for their home so the flipper will have to buy the home at a high price then fix it up to be even nicer. Then

turn around and try to sell it again which "raises the bar". Thus is makes the home a high value home. An example would be to buy say

a $100,000 home and fix it up and put it back on the market for $120,000 to $140,000. This would give them a substantial profit.

Right now times are tough for everyone and there are many people facing foreclosure on their homes. These people just want to get

out of there homes and not have to deal with a mortgage that they can not afford. They may have lost their job or their mortgage rate

went up and they can not handle it. In either of these situations they are willing to give up their home at a discount. That is why Real

Estate flipping in tough times is more profitable. The secret is to get homes at a discount then sell them quickly at a discount to

someone else.

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