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Buying a house to make a short-term profit on the resale is flipping. You can cover it up with some marketing tech-biz baloney, but it is still flipping flippin
by Finnucane 5y ago
Buying a house to make a short-term profit on the resale is flipping. You can cover it up with some marketing tech-biz baloney, but it is still flipping flipping.
- Otternonsenz 5y agoAgreed. In my local Multiple Listing Service, it can show you all deed history for a given property, it is most certainly labeled as a flip if anyone – iBuyer or no – buys and then sells within a short period of time, even if they don’t make profit. The intention is understood by all market participants.