Try to rip people off with shady flipped houses? Watch me flip your bank account.
So I don’t think this is entirely pro, but this just happened and I’m quite pleased with myself. Sorry for how long it is, I’m a wordy person.
Background: my girlfriend and I have been trying to buy a house for a month or two. Housing market where we live is tough, we don’t have a huge income, most houses sell within 24 hours, etc so it’s been a struggle. About a month and a half ago we found a house that was PERFECT. In the neighborhood we wanted, 2 bed 2 bath, at the very top of our price range but still doable, etc etc. Best part is that it’s beautifully renovated, new roof, everything is new and gorgeous! We put in an offer, but get outbid by someone else (which is crushing, if you have yet to experience that).
We mourn and then continue searching for other houses….until we get a call from our agent saying that the other buyers backed out and the seller is offering it to us first before putting it back on the market.
A quick important note here: the seller is the owner, but is also acting as his own real estate agent, and he runs his own business buying foreclosures and flipping them. This is important later.