Wrong! He's not selling them, he's renting them to Section 8, which will pay 20% over market price.
There's good money to made flipping these houses, IF you have the money (or investors) and budgeting skills. Banks don't want to lend for those kinds of ventures anymore. They only fund their own real estate scams, and fewer viable houses on the market means higher mortgages for the fewer houses that are available.
There's good money to made flipping these houses, IF you have the money (or investors) and budgeting skills. Banks don't want to lend for those kinds of ventures anymore. They only fund their own real estate scams, and fewer viable houses on the market means higher mortgages for the fewer houses that are available.