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Multifamily homes for sale in MN are usually of greatest interest to investors. There are some people, however, that may be interested in looking at a duplex or a triplex as a place where they can occupy one unit and rent out the others. This can be a good way to handle the expenses of homeownership. Here are some things to consider about buying multifamily homes. Read More!
Foreclosure investing closely resembles property flipping. It involves buying a property that is going through foreclosure and has a price tag that is considerably below its market value and then selling the property at market value to make a profit. Most of the bank owned properties are not in the greatest condition and some require work. Some of these would be a simple fixer upper project that involves carpet and paint and others require a full rehab and is more suitable for a seasoned and experienced investor. If you are looking to invest in foreclosures, here are some things that you should know:
The foreclosure process can be divided into three steps: pre-foreclosure, foreclosure auction, and REO. Read More!