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Old 02-27-2014, 10:24 AM
 
606 posts, read 944,565 times
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Quote:
Originally Posted by sealie View Post
What I always find interesting is, considering how people claim to disdain greedy flippers, how long a house like this sits on the market (months/years) at 60k versus how long the fancy version at 3x the price (weeks/months). I have no problem with it, this investor deserves what they make, but this house went on the market in January and it's already contingent.
I am pretty sure it sold very quickly at 60k, but I agree with you on GPs. You do see that quite a bit. Not everyone's in a great position to work on a fixer-upper, though.
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