When Is a Fixer-Upper Worth the Pain?
People buy fixers for all sorts of reasons. Money, of course, is the main factor. But many simply like the house or the neighborhood, and a healthy minority figured they’d enjoy working on the place.
People buy fixers for all sorts of reasons. Money, of course, is the main factor. But many simply like the house or the neighborhood, and a healthy minority figured they’d enjoy working on the place.
It’s the oldest fix-and-flip pitch in American real estate: “We’ll buy your home, guaranteed, no matter what its condition, and we’ll pay you quick cash with no commissions, and close in seven days or less.”
Worth Avenue Capital LLC announced it recently closed a $100,000 commercial loan for a Connecticut-based construction company.