- Joined
- Jan 9, 2008
- Messages
- 196
I seem to be getting in on the foreclosure track although i think that the banks really want close to the market value so there would be not much of spread for an investor to jump in on them to buy and flip.
The preforeclosures on the other hand seems to be the better way to go, saving someone`s credit rating and still having enough spread between the mortgage and the market value to flip for a profit.
Has anyone had some experience in flipping foreclosure property in Canada? Can you find some deals out there?
The preforeclosures on the other hand seems to be the better way to go, saving someone`s credit rating and still having enough spread between the mortgage and the market value to flip for a profit.
Has anyone had some experience in flipping foreclosure property in Canada? Can you find some deals out there?