Who Buys Houses To Flip -

Leo wasn’t alone in this niche market. He belonged to a group often called "house flippers," but that title oversimplified a diverse ecosystem of buyers:

Like Leo, these are experienced contractors or investors who use their own capital or "hard money" loans to buy distressed properties, renovate them, and sell for a profit [1, 2]. who buys houses to flip

Large tech-driven companies that use algorithms to buy homes quickly for cash, though they usually look for houses needing less work than Leo’s [3]. Leo wasn’t alone in this niche market