A recent story in the Wall Street Journal (reposted on Realtor.com) says Wall Street has made a mountain of money available to house flippers, and selling move-in-ready rehabs has rarely been easier. They point out that the challenge is finding beat-up and out-of-date properties that can be renovated and resold for a profit. The article discusses fix-n-flip loans from the lender and loan-buying perspective. Continue reading HERE...
Metro East REIA
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