DEAR BENNY: I plan to start flipping homes and have to use a hard-money lender at first. Once I make profits on a few flips, I’ll take that money and fix my credit. I am a disabled American veteran and ...
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House flippers in the Charlotte region saw increases in their gross profits and returns on investment in the second quarter when compared with a year ago. The average gross profit for the Charlotte-Concord-Gastonia metropolitan statistical area was $53,647 in the ...Read More »
Those flipping a home in the Charlotte region in the third quarter saw dramatic increases in their gross profits and return on investments when compared with the second quarter. The average gross profit for the Charlotte-Concord-Gastonia metropolitan statistical area was ...Read More »
House flipping is back in a big way. In 2013, the number of single-family homes that were purchased and then resold within six months in the Charlotte area reached 1,592 properties, according to a new report by RealtyTrac. Flipped homes ...Read More »
Rising home prices and a decrease in foreclosures seem to have tamped down the market for flipping properties by investors in the Charlotte region, according to RealtyTrac, the online housing data provider.Read More »