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Updated about 11 years ago on . Most recent reply

Jamal Atwell's profile image
Jamal Atwell's profile image
Jamal Atwell
  • Real Estate Agent, Real Estate Investor
  • from Arlington, Virginia
  • Member since Feb 23, 2014
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62
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Jamal Atwell's profile image
Jamal Atwell's profile image
Jamal Atwell
  • Real Estate Agent, Real Estate Investor
  • from Arlington, Virginia
  • Member since Feb 23, 2014
Connect
Jamal Atwell
  • Real Estate Agent, Real Estate Investor
  • Arlington, VA
15
Votes |
62
Posts
Rehabbing & House Flipping

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?

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