Foreclosure Properties mean Many Choices
One of the best things about investments in real estate is that there are so many ways to make money. Some investors buy foreclosure properties, which are repossessed and therefore sold at up to 50% below market value. Investors enjoy instant equity in these discounted distressed properties, and this equity is useful when borrowing against the property or when flipping houses. Flipping real estate involves buying a home for less than its full value, renovating it, and reselling it quickly at a profit. Investors can also choose to rent out a property they have purchased or can hold the property and resell it at a later date. Some investors choose to invest in tax liens, which allow them to borrow money to homeowners who owe property taxes. The real estate market provides many options.