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Q.

What does it mean to flip a home?

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5 Year

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Hello, The term ‘flip a home’ is widely used in the real estate space. It basically means buying a property and selling it within a short period of time at a much higher rate. This is generally done by real estate brokers, investors and so on. Most of these people buy a property with an intention to resell it with greater profit. It is nothing but a quick-profit strategy where an investor buys a property at a lower price and improves the property so that he/she can sell it at a higher price.
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