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Re:Startup Pays Cash to Buy Homes, Flip Them by theklub on Friday January 22, 2016 @09:43AM (#10952938)
Idk but maybe this? "But OpenDoor is unique in that it owns all the homes it lists for sale, countering the prevailing trend in Silicon Valley of solely running a marketplace that matches buyers and sellers. As a result, OpenDoor’s strategy is steeped with risk, potentially backfiring if the economy tailspins."
Re:Startup Pays Cash to Buy Homes, Flip Them by kolbe on Friday January 22, 2016 @10:10AM (#10953097)
Nope. That's been a common business model for decades, if not centuries or millennia.