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I recently listed a condo as a short sale in North Miami Beach and, when I started working on the comps, I was actually amazed by what I found. The search results on Realist.com included 12 other 1+1 condos in move-in condition, all of them under $30,000. I listed it for $25,000 (http://tiny.cc/hjw2b). With a low HOA fee under $150 per month, this condo offers an unbelievable investment opportunity with definite positive cash flow potential. This type of investment opportunity would have been impossible to find just a short time ago.
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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