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Peter Pasternack is a certified public accountant and a co-founder of Atlanta-based Foundations Investment Group, LLC, with Brian Trow. [1] He and the company, which was established in 2005, [2] specialize in "flipping" houses.
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Richard C. Davis gained national fame when he appeared on the television show Flip This House, which he created [1] and brought to A&E. The program focuses on the process of buying, remodeling, and selling houses for profit. Davis and his company won a $4 million federal court verdict against A&E for damages.
In 2015, with just $10,000 in the bank, he started flipping houses — but not by using traditional lending methods. Since then, Pineda has successfully flipped hundreds of houses, in addition to ...
A spate of flipping often creates an economic bubble which then bursts, such as during the Florida land boom of the 1920s. [2]In the 2000s, relaxed federal borrowing standards (including subprime lending that allowed a borrower to purchase a home with little or no money down) may have led directly to a boom in demand for houses. [3]
House flipping is simply buying a property to resell quickly for a profit. It can be a great way to generate income — but a mistake can leave you thousands of dollars in the hole. 1.
House flipping is the process of buying houses with the intention of reselling them quickly -- and at a healthy profit. Houses in areas with rising home values are ripe for flipping, especially if
In season three, they work alongside — and provide the capital for — private house-flippers Angela and Harris Wilford; in season four, however, they go out on their own. [3] Trow, who is Foundations' creative director, takes on the role of general contractor on the job site and regularly provides piece-to-camera updates in the recorded flips.
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