Who Buys Houses To Flip -

Syndicates of passive investors who pool money for a professional manager to find, fix, and flip multiple properties at once [4].

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

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: Syndicates of passive investors who pool money for