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Started By
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Does anyone know a house flipper?
Posted on 8/16/16 at 11:02 pm
Posted on 8/16/16 at 11:02 pm
My sister's house flooded in Albany (6-8 inches) and she is debating selling "as is" to a flipper or repairing it and selling it. Does anyone have knowledge of this type of transaction? They are cleaning it right now.
Posted on 8/17/16 at 12:04 am to Cali 4 LSU
quote:
she is debating selling "as is" to a flipper
Does she think she will get more than enough to pay off the mortgage?
Posted on 8/17/16 at 1:51 am to SG_Geaux
quote:
Does she think she will get more than enough to pay off the mortgage?
They have owned it for quite a while so she definitely should.
Posted on 8/17/16 at 5:55 am to Cali 4 LSU
A professional "flipper" will not pay anything close to value and recreational flippers will have a plethora of options to choose from. If she wants to maximize profits, she should have it repaired and sell on regular market. If she wants peace more so than profit, a flipper is an easy out.
Posted on 8/17/16 at 6:26 am to Cali 4 LSU
One of my best friends does this for a living. I can put you in contact with him if you'd like
Posted on 8/17/16 at 12:04 pm to Milesahead
quote:
Milesahead
Thank you for the input!
Posted on 8/17/16 at 12:06 pm to CcTiger2015
quote:
One of my best friends does this for a living. I can put you in contact with him if you'd like
Sure! Does he have a website? Business #?
Thanks
Posted on 8/17/16 at 12:09 pm to Milesahead
quote:
A professional "flipper" will not pay anything close to value and recreational flippers will have a plethora of options to choose from.
Forgot to mention...they have about an acre or more behind their home which could be used for small houses or maybe even apartments. I guess what I'm saying is there is potential there.
Posted on 8/17/16 at 1:08 pm to Cali 4 LSU
quote:
Forgot to mention...they have about an acre or more behind their home which could be used for small houses or maybe even apartments. I guess what I'm saying is there is potential there.
I don't know any professional flippers, but I do know some people that own rental property in the area and may be interested in purchasing. Username @gmail if you want to email me the address so I can pass it along. I know they are still deciding but never hurts to have interested parties I guess.
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