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There is a $ 7 5 0 , 0 0 0 foreclosed home for sale in your neighborhood. You have been pre - qualified for
There is a $ foreclosed home for sale in your neighborhood. You have been prequalified for a oneyear loan at interest to cover the full purchase price and anticipate it will take $ to pay off an existing lien. You also know that you will need to invest $ a month in the house for repairs. You know enough about the market to ascertain that this property will sell for $ in one year. If you want at least a return on your investment, should you make the purchase? Show all work please!!
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