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Author Topic: How do people flip houses already listed?  (Read 1535 times)

Offline gmtmaster

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How do people flip houses already listed?
« on: July 24, 2005, 06:56:18 pm »
This seems impossible; I go to foreclosure.com and see alot of potentially good properties to flip (esp ones selling for 7-9k) but then I realize that if I put a contract on these houses there is a good chance my potential investors I will be marketing this house to have already seen and passed. Why in the world would they buy it at a marked up rate.

In an experienced "flipper's" opinion do you stay completely away from listed houses (foreclosure websites, mls, homes magazines)? I would assume the only potential for a flip is to bring value to the table for investors willing to buy by finding sellers before they list. Should I save the MLS and foreclosure websites for buy/rent cash flow opps only?

 




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