You are considering buying the house next to your home, in order to fix it up and
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You are considering buying the house next to your home, in order to fix it up and sell it to make a profit. You estimate that you will need to invest about $5,000 to make necessary repairs and upgrades; after these improvements, you should be able to sell it for $185,000. If the general guideline for flipping is to buy at least 20% below the market value, what is the most you should be willing to pay for the home?
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Related Book For
Personal Finance Building Your Future
ISBN: 978-0073530659
1st edition
Authors: Robert B. Walker, Kristy P. Walker
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