Is this a FLIP?

[SD Realtor]

I have run across several flips lately. More investors then people think are purchasing at trustee sales here in San Diego county. I am in an escrow right now for an investor owned property. My buyer is getting it at below market value and the owner who bought it at trustee sale is more then likely making a nice profit as well.

[peterb]

I just listen to Bruce Norris’s radio show and he claims he’s buying REO’s for 30% of the outstanding loan amount. Said he did about 25 in the last 60 days. He’s mostly Riverside County. But it shows that he’s probably making money.

[peterb]

I just listen to Bruce Norris’s radio show and he claims he’s buying REO’s for 30% of the outstanding loan amount. Said he did about 25 in the last 60 days. He’s mostly Riverside County. But it shows that he’s probably making money.

[peterb]

I just listen to Bruce Norris’s radio show and he claims he’s buying REO’s for 30% of the outstanding loan amount. Said he did about 25 in the last 60 days. He’s mostly Riverside County. But it shows that he’s probably making money.

[peterb]

I just listen to Bruce Norris’s radio show and he claims he’s buying REO’s for 30% of the outstanding loan amount. Said he did about 25 in the last 60 days. He’s mostly Riverside County. But it shows that he’s probably making money.

[peterb]

I just listen to Bruce Norris’s radio show and he claims he’s buying REO’s for 30% of the outstanding loan amount. Said he did about 25 in the last 60 days. He’s mostly Riverside County. But it shows that he’s probably making money.

[PadreBrian]

When you can get a place that is below rent value it’s time to buy.

Bruce’s 30% is probably closer to 40%, but a 60% haircut that you can sell or rent out is where you make the money.

Flippers for the most part could only come to power because of the zero down / no doc loan years. For the most part that is all gone, and we are left with prices that people can start affording again.

[PadreBrian]

When you can get a place that is below rent value it’s time to buy.

Bruce’s 30% is probably closer to 40%, but a 60% haircut that you can sell or rent out is where you make the money.

Flippers for the most part could only come to power because of the zero down / no doc loan years. For the most part that is all gone, and we are left with prices that people can start affording again.

[PadreBrian]

When you can get a place that is below rent value it’s time to buy.

Bruce’s 30% is probably closer to 40%, but a 60% haircut that you can sell or rent out is where you make the money.

Flippers for the most part could only come to power because of the zero down / no doc loan years. For the most part that is all gone, and we are left with prices that people can start affording again.

[PadreBrian]

When you can get a place that is below rent value it’s time to buy.

Bruce’s 30% is probably closer to 40%, but a 60% haircut that you can sell or rent out is where you make the money.

Flippers for the most part could only come to power because of the zero down / no doc loan years. For the most part that is all gone, and we are left with prices that people can start affording again.

[PadreBrian]

When you can get a place that is below rent value it’s time to buy.

Bruce’s 30% is probably closer to 40%, but a 60% haircut that you can sell or rent out is where you make the money.

Flippers for the most part could only come to power because of the zero down / no doc loan years. For the most part that is all gone, and we are left with prices that people can start affording again.

[CA renter]

I’ve also seen a number of flips, and have run into plenty of “investors” at open houses.

The bubble mentality is alive and well in San Diego. It is not over yet.

[CA renter]

I’ve also seen a number of flips, and have run into plenty of “investors” at open houses.

The bubble mentality is alive and well in San Diego. It is not over yet.

[CA renter]

I’ve also seen a number of flips, and have run into plenty of “investors” at open houses.

The bubble mentality is alive and well in San Diego. It is not over yet.

[CA renter]

I’ve also seen a number of flips, and have run into plenty of “investors” at open houses.

The bubble mentality is alive and well in San Diego. It is not over yet.

[Author]

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