It is an ugly home that had some lipstick put on the pig.

It is an ugly home that had some lipstick put on the pig.

The issue with it is also that it seems to have some water damage in the ceiling and the work they did on it was really just putting lipstick on a pig.

So I was left with the true pig behind the lipstick.

It won’t hold, its more cost, and now you’re applying lipstick to the pig with a spatula.

@Cullen Hall lipstick on a pig.

Too many people "put lipstick on a pig" when flipping, If you are going to do it, do it right, in which you did! 

The only possible cash flow and appreciation options might be in condos with low HOA and lipstick reno needed and 5 units and up.

With that said that means there is more competition, few months back you could lip stick a home and throw it up on MLS and you would sell it we are facing a few hurdles -Homeowners thing their home is worth a market price even though it needs a lot of work-Interest rates have wiped out tons of buyers from the market-And now we have way more listings on the market Something has to happen here soon I just think its a matter of time. 

I’m considering purchasing a home (300k) that needs about 60k of work (lipstick mostly but 1 wall removal).