I just finished reading Eric Love's blog talking about new trends in new construction sales in the Dallas area. http://activerain.com/blogsview/264614/Buy-3-houses-Get">http://activerain.com/blogsview/264614/Buy-3-houses-Get</a>. The gist of the story is that a large home builder in the area is offering investors a home for free if they purchase 3 homes at full appraised value. This results in 25% equity immediately for anyone who can foot the bill for the $400-$500,000 homes. We haven't seen this trend in the St. Louis area but who knows?
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