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Tag / House Flipping

Philly’s House Flipping Increase + Presentation Strategies

During the “real estate boom” a few years ago, home flipping became a very desirable medium for investments. However, for one reason or another, this did not take off in & around Philadelphia, at the same rate as other urban areas. Prior to the aforementioned “boom,” Northeast Philly saw a very high volume of flips,...CONTINUE READING

Anti-Flipping Rule Suspension Extended

The rule was intended to prevent quick flips of houses that defraud the government by using corrupt appraisers and inflating prices.  But part of the reality of the suspension is that it also stifled the purchase and renovation of foreclosed homes by legitimate, smaller scale investors who buy foreclosed houses or loan defaults with the...CONTINUE READING