Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 11 years ago on . Most recent reply

User Stats

62
Posts
15
Votes
Jamal Atwell
  • Real Estate Agent, Real Estate Investor
  • Arlington, VA
15
Votes |
62
Posts

Should I be Scared?

Jamal Atwell
  • Real Estate Agent, Real Estate Investor
  • Arlington, VA
Posted

From what I've learned Short sales, REO properties, and Foreclosures can be a potential gold mine when it comes to flipping homes, but is there anything to be scared of?

I'm looking to find my first home to flip and through research of heard of the possible scenarios where that could turn out bad. Is it true that you could potentially assume the responsibility of someones loan or some other disaster scenarios?

Loading replies...