Flipping real estate in San Francisco
A reader asks:What is "flipping"?
Our reply:
"Flipping" is a term used to describe buying a house or property, fixing it up and then turning around and quickly re-selling it for (hopefully) a profit. In most cases the property needs only cosmetic changes (new kitchen, bath, paint, roof), as opposed to structural construction (foundation, adding garage) - although not always. If the seller has access to a dependable construction team, lots can be accomplished in a short period of time!
- Kathleen Macdonald
posted by SFResidence.com @ 1:25 AM
0 Comments:
Post a Comment
<< Home