Posted by KFB on February 13, 2000 at 12:12:42:
I am curious. I will be investing in real estate soon for the first time. An interest has accured to me about flipping properties. And so my question is, can you flip properties using foreclosure property? If yes, are homes good to flip or is a residential unit, building better or either do both? Also, How would I flip these properties to an investor? Here is the asking price of one that was listed - Price: $73,500 / Type: Residential Unit, Building. Can I flip this? I would appreciate anyone’s answer and opinion. Oh, By the way the company listed is through FNMA And the contact is :Real Estate Owned Dept. Thank you all for your responses.