The Jon Sanchez Show
2/1-How to buy a “diamond in the rough”
You’ve probably heard to real estate term that a house is a “diamond in the rough”. This means the house has a good infrastructure but needs a lot of cosmetic repairs. Many astute real estate investors make this their strategy….buy low, put some money into repairs and sell it for a big profit. But what are the risks and rewards of adapting this strategy? Can the repairs be financed?
- Broadcast on:
- 02 Feb 2024