Fixer-Uppers and Paying Below Market Value
Tuesday, July 29th, 2008It should go without saying that the overall cost of buying fixer-uppers has a direct effect on one’s bottom profit line when it comes time to reselling. Of course, the main goal behind the entire process is to buy low and then resell high to make the most profit possible, which is why it’s extremely important to never pay market value when buying fixer-uppers for the purpose of reselling them.
