Getting instant cash from a foreclosure by Flipping Real Estate is a helpful endeavor. Buying a property in pre-foreclosure often helps. The buyer can approach the owner or the borrower and can get the property instantly. Property in pre-foreclosure can avail a certain discount. It can range from 20-40 percent below the market price. The buyer has a minimal time though to search and get all the information about the property. Within 40 days, the title and the condition of the property needs to be checked. For the owner or the borrower as well, this can help in avoiding any kind of credit history.