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Updated over 17 years ago on .

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21
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0
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Ryan P
  • Real Estate Investor
  • Kansas City, MO
0
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21
Posts

Online Auction Housing

Ryan P
  • Real Estate Investor
  • Kansas City, MO
Posted

Has anyone out there had any success with bidding on a home on a site like ebay and flipping it quickly for a profit? I see many homes that sell for the 3K - 10K range and think there would be an opportunity to flip for a small profit. I realize some of these homes are in distressed areas where property values are low, but for the right price, I think you could still make some money. The idea would be to hook up with a local flipper, rehabber, etc who would check out each property for a small fee to have a set of live eyes look at each home to be assured it's not a lemon. Any thoughts on this would be helpful. Thanks!