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Property investment mostly requires the acquisition, possession, control, rental or sale of property, usually for gain. Real estate investing in commercial real estate involves buying low and selling high, together with the main objective of maximizing the return on investment. Real estate investment in residential property requires the purchasing of residential lots for development into apartments or condos. Real estate investment refers to any activity in which money is used with the aim of earning a profit by purchasing, possessing, enhancing or advancing some right or privilege, such as using real estate as an asset. It might involve the purchasing of property, construction , remodeling, selling, renting or leasing property property. Real estate investment may also refer to the purchasing and sale of foreclosed real estate properties.