House gets foreclosed on when a borrower is not paying its debt obligations - typically its mortgage.buying foreclosures is not for the faint of heart as you have no idea of the interior of these properties lastly while it can be beneficial also realize if there are a lot in an area those homes are the new comps when trying to sell so it lowers home values in an area 

Some of them have converted to flips, but I do not do flips because it is a job (stop flipping, stop earning).  

Investment Info:Townhouse fix & flip investment in Hollywood.

Investment Info:Townhouse fix & flip investment.

I am from Phoenix but lots of family from the Seattle and surrounding areas.My wife and I have been doing live in flips since 2019.

My interests especially lie with multifamily properties, house hacking, and fix & flips.

The rental market is expected to stay flat or soft through 2025, then is estimated to start appreciating again once the new supply of multifamily housing reaches traditional occupancy levels.

My wife and I have done all the terms (short, mid, long term rentals) and have done some live in flips.

If you are already experiencing slim profits with a fix and flip loan, it will not be any better on a HELOC.

When I returned she was ready for our first house hack.