Rise in foreclosures spurs courses for bargain-seekers -- and c...
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“I'm a great real estate agent!”
Since: Jan 08
#1 Feb 13, 2008
There are definitely more bargains on the market these days and buying pre-foreclosure property is turning into the current hot game these days. As for buying from distressed home owners then renting it back seems dubious to me.
If the mortgage payment was too high before, then rent will be painful as well. Of course if you a buyer with cash, then there is plenty of room for profit these days.
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