Joined: May 2006
Posts: 890
Selling houses
11/20/2009 at 10:52 AM
I was just woundering why a house would be sold 4 times in 3 years? I was told the person that build this home was a contrator and this is how he makes his money. He builds a house and lives in until he has his next house finished and moves on. But my point is this house has sold 3 more times?
Is there that much money to be made to live in a house for 6 months and flip it? This is a brand new house so I don't think they would be doing any improvements.
After 3 flips this house would have to be priced out of the market to make any more money?
Interested in what other people think?