Thursday, 6 September 2018

Does house flipping still pay?

Yes, home flipping still pays from coast to coast, particularly in New York. It just doesn’t pay as much as it did. Returns for the quick buying-and-selling of a home dropped to a near four-year low from April to June, attributed to a reduced inventory of distressed houses available and fewer interested buyers. But profits remained. In real numbers, a home flipped in the second quarter sold for an average of $65,520 above what a […]



source https://therealdeal.com/miami/2018/09/06/does-house-flipping-still-pay/#new_tab

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