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Novice Investors buying for cash flow

by Phyllis Rockower | Mar 29, 2012 | Economic News, Real Estate News

The number of homes sold to investors more than doubled last year, as rising rents and low-priced distressed properties fueled demand. Investors, half of them using no mortgage, bought 1.23 million homes in 2011, a 65 percent jump from 2010. According to the National...
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