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What is ""house flipping?""
a. the process of transferring ownership of a house from one person to another.
b. the process of buying a house with the intention of selling it for a profit after only a short time.
c. the process of two people exchanging the titles to their properties.
d. the process of a house’s market price rapidly fluctuating. please select the best answer from the choices provided a b c d

Sagot :

house flipping is the buying of a house for a low price with the intention of reselling it for a profit after a short period of time.

Buyers that acquire distressed houses, patch them up, and then resell them for a profit are included. These properties are often found through foreclosures, bank short sales, or property auctions.

To be successful at real estate flipping, you must be able to manage your money properly and invest in inexpensive homes. These are generally properties that need a lot of attention.

Following that, you'll need to spend on modifications that will boost the resale value of the house and draw the attention of a possible buyer. When the improvements are finished, you must list and advertise the home.

Learn more about house flipping here: https://brainly.com/question/7976922

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