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Updated over 3 years ago on . Most recent reply
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Can this be considered under fix and flip option?
Hello, I'm very new to real estate investment. I'm trying to learn and get into fix and flip. I found a property - https://www.zillow.com/homedet... which is listed for $169k and according to estimate and realtor.com, the home value 2-3 months back has been up to $350k. I checked nearby houses of similar lot sizes/beds/baths and they have a current home value of around $300k. Can this be considered a foreclosure and can I buy, fix and sell it at a higher rate?
Thanks in advance.