I’m told it cannot be financed. But I guess I could get a construction loan? Would the bank selling it consider lending me money?
I was only referring to flippers in terms of who I think other likely potential buyers are, and what they might be willing to pay, not that this is a sure thing or anything of the kind.
Frankly, I am hoping that many flippers get severly burnt, it irritates me to see thrashed houses get picked up for cash and flipped quickly for tidy bundles,mainly because it’s not me making the tidy bundle.
But this one is definitely not that kind of flip, this is a scary flip ina downward market, lots of work, limited saleability, expensive post-flip, and requires acertain type of buyer in short demand. This would be a flip only for the brave flipper, the flipper with massive cojones.
