2 ms·
I feel that there are lots of contractors that can flip houses, with a better profit margin than Zillow. Contractors have the capital to outright purchase a ho
by mymythisisthis 5y ago
I feel that there are lots of contractors that can flip houses, with a better profit margin than Zillow. Contractors have the capital to outright purchase a home, no middle person as they do the upgrades, they also know the local market.
Perhaps with large enough capital, the money is in building smaller condos, commercial units. As the initial capital layout is greater than what a small contractor can afford to do.