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Updated over 1 year ago on . Most recent reply

new investor looking into Cleveland market
hello everyone, I'm a new real estate investor. I've been looking on zillow and facebook marketplace.
there is a big percent of the listings that i see that are in the middle of a rehab, looks like they stopped and now selling,
making me wonder if something is going on with all these unfinished properties ?
how are the building department treating everyone..... does anyone know anything about all of this .
Most Popular Reply

Hey there! I am an investor friendly real estate agent and I have several flip clients who do this.. it's called "white-boxing" the property. They usually buy in cash/hard money since the property won't go conventional, white-box it and let an investor come in with conventional financing and finish it off to usually complete a "brrrrr"