Boston Real Estate Investors Association

Fast-cash house flippers are flooding poor neighborhoods in the US

Fast-cash house flippers are flooding poor neighborhoods in the US

(Bloomberg) — States and cities in the United States are cracking down on a niche in house-flipping known as wholesaling conducted by a flood of largely unlicensed middlemen lured in by YouTube tutorials and a torrid market. Bearing fast cash, wholesalers can help distressed homeowners sell quickly, but have been accused of strong-arm tactics and […]

The post Fast-cash house flippers are flooding poor neighborhoods in the US appeared first on Boston.com Real Estate.

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