tinydancer
Diamond Member
Well well well. Warren shouldn't be throwing stones when she lives in a glass house.
12 flips to be exact at the time. Here's some and at the link you can see all the amazing profits she made. One house alone went for a 383% mark up.
"Elizabeth Warren bought a foreclosed house for $61,000 in June 1993 and sold it in December 1994 for $95,000, a 56 per cent mark-up.
She paid $30,000 for a property in August 1993 and sold five months later for £145,000, a 383 per cent gain.
Warren lent her brother $25,000 for a property in 1994 that was sold at a mark-up of 68 per cent for $42,000 in 1998.
She gave her sister-in-law a mortgage for a $31,000 home in 1996 which she made 45 per cent on, selling it three years later for $45,000.
In 1997 she provided him with the funding to buy a $90,000 house which sold for $106,000 two years later and another costing $26,000 which he sold after nine years for $45,000.
She gave him money to buy a $35,000 home in August 2000. He sold it after 75 days for $35,000, a 10 per cent gain."
Elizabeth Warren accused of making a fortune from flipping foreclosed homes
12 flips to be exact at the time. Here's some and at the link you can see all the amazing profits she made. One house alone went for a 383% mark up.
"Elizabeth Warren bought a foreclosed house for $61,000 in June 1993 and sold it in December 1994 for $95,000, a 56 per cent mark-up.
She paid $30,000 for a property in August 1993 and sold five months later for £145,000, a 383 per cent gain.
Warren lent her brother $25,000 for a property in 1994 that was sold at a mark-up of 68 per cent for $42,000 in 1998.
She gave her sister-in-law a mortgage for a $31,000 home in 1996 which she made 45 per cent on, selling it three years later for $45,000.
In 1997 she provided him with the funding to buy a $90,000 house which sold for $106,000 two years later and another costing $26,000 which he sold after nine years for $45,000.
She gave him money to buy a $35,000 home in August 2000. He sold it after 75 days for $35,000, a 10 per cent gain."
Elizabeth Warren accused of making a fortune from flipping foreclosed homes