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	<title>Creditinfocenter Blog &#187; investment loans</title>
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		<title>Turn and Burn &#8211; a Highly Profitable Foreclosure Strategy</title>
		<link>http://www.creditinfocenter.com/wordpress/2009/10/13/turn-and-burn-a-highly-profitable-foreclosure-strategy/</link>
		<comments>http://www.creditinfocenter.com/wordpress/2009/10/13/turn-and-burn-a-highly-profitable-foreclosure-strategy/#comments</comments>
		<pubDate>Tue, 13 Oct 2009 15:16:47 +0000</pubDate>
		<dc:creator>Kristy Welsh</dc:creator>
				<category><![CDATA[Credit Reports]]></category>
		<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[Buy and Bail]]></category>
		<category><![CDATA[Credit Scores]]></category>
		<category><![CDATA[Economic Meltdown]]></category>
		<category><![CDATA[Good Credit]]></category>
		<category><![CDATA[investment loans]]></category>
		<category><![CDATA[Making Homes Affordable Program]]></category>
		<category><![CDATA[pay with cash]]></category>
		<category><![CDATA[turn and burn]]></category>

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		<description><![CDATA[The &#8220;turn and burn&#8221; a.k.a. &#8220;buy and bail&#8221; strategy &#8211; is a method sometimes used by people whose homes are &#8220;underwater&#8221;. It is increasingly used by the wealthy with very large mortgages whose homes are worth significantly less than what they owe. This little trick reared its ugly head after the housing market began to [...]]]></description>
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