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Flipping Foreclosures: Does It Make Financial Sense For You?

Flipping homes is more popular than ever right now, yet returns on these rehabbed homes are at a four year low; Q2 2018 returns offered only a 44.3% return on investment, down from nearly 48% the previous quarter and down from 50% year-over-year. It raises the question, why do investors persist in flipping dilapidated and foreclosed homes? Though earnings may be down, the simple answer is that it’s a new American pastime - it’s how many people express their entrepreneurial spirit and attempt Read more [...]