An investor who decides to purchase a home and sell it post renovations is considered to conduct a "buy and flip/sell" purchase. They have conducted research and determined that the Return on Investment (ROI) is worth while. A portion of an investors' research is based on comparable properties, also known as "comps". Comps are derived by finding properties that are close in square footage, bedrooms, bathrooms, and features that have either recently sold (within the past year) or are currently pending.

 

 

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