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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