View Single Post
  #75  
Old 01-18-2012, 11:44 PM
PUREBAY2200's Avatar
PUREBAY2200 PUREBAY2200 is offline
Ling
 
Join Date: May 2009
Location: OZ
Posts: 3,744
Cash: 2,186
Default

When I say a repo I mean buying it for cheap from a bank and then finding another buyer and upping the price to turn a profit.
Original price 40k
Buy from bank 20k
Sell to person for 28k
Profit 8k
Reply With Quote