The most disgusting thing is the flipper getting his dirty paws on homes in the price range my friend is looking. However nobody who is a typical home buyer with a mortgage can compete with all cash and no contingencies.
Then the flipper smugly states he will turn the home for a $300k profit.
Glad ABC news finally noticed!!
My good friend being interviewed in Los Angeles.
The most disgusting thing is the flipper getting his dirty paws on homes in the price range my friend is looking. However nobody who is a typical home buyer with a mortgage can compete with all cash and no contingencies.
Then the flipper smugly states he will turn the home for a $300k profit.
Yay! Cheap money!~
http://www.cbsnews.com/8301-18563_162-57587256/home-flipping-trend-returns-threatening-higher-prices/
As for me, I won't be buying a home until they are BEGGING me to do so.
#housing