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Just bought a HUD home here in wichita. Bought it for 77k but appraised for 126k. Needs some minor work and finish up the basement. Great neighborhood and should be able to sell for 135-40k once finished. There are some major deals if you know how to work the system. Owner-occupant get first dips. (Have to own the house for atleast a year) so you can get a jump on the investors.
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