Flipping Houses in New York: 5 Cities to Consider
HomeLight
MARCH 10, 2023
Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. I know a lot of people who were doing fix-and-flips through borrowing and bridge loans, but now, with high interest rates and more challenging timelines, it is not as successful.
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