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Flipping Houses in New York: 5 Cities to Consider

HomeLight

“The investors I work with are mostly experienced and have their own crews,” Procopio says. “If The successful flippers are the ones who have developed good relationships with contractors to keep them honest.” Since flippers don’t have a crystal ball to see the future, the industry has developed the 70% rule. Wise agrees.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

These mortgages were developed in the 1980s in an era of double-digit interest rates when borrowers were hopeful that the rates wouldn’t rise much more. Real Estate Referral Fees: How They Work & Best Practices. Days on market (DOM). As a seller’s agent, you’re counting the days a listing is on the market.