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How to Buy a Foreclosure: Your Go-To Guide to Distressed Properties

HomeLight

We talked with veteran real estate agents with a combined 30-plus years working with foreclosures to bring you a comprehensive guide to the often confusing world of distressed properties. A foreclosed home is a property that has been seized by the bank after the homeowner failed to make their mortgage payments.

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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.” You can save money by doing some of the work yourself, of course. Money was cheap but it’s not cheap anymore.”