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flip flop

investments made in real estate with intention to 'flip' it for a profit but instead turns into a 'flop' with the crash in the real estate market.

I paid $100,000 for that house and put $25,000 into it thinking I could sell it for $150,000. Now it I can't sell it for $75,000. My 'flip' is now a 'flip flop'.

by smarsh February 20, 2009

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