EXCLUSIVE: Morris Schneider Wittstadt officially files for Chapter 11 bankruptcy

EXCLUSIVE: Morris Schneider Wittstadt officially files for Chapter 11 bankruptcy

Mark Wittstadt: Butler & Hosch sale, Dustin Johnson lawsuit severely impacted firm

What to expect when you’re expecting a CFPB administrative action

A deeper look at PHH ruling reveals how the bureau views enforcement

Monday Morning Cup of Coffee: Is housing strong enough to weather rate hikes?

Plus the mortgage bond outlook, the NYT joins the GSE investor struggle, and more
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Items Tagged with 'investment property'

ARTICLES

Auction.com: Investors still flip for flipping

Still favor fix-and-flip over renting
Ben Lane
Despite rising rents, investors still prefer fixing and flipping houses as opposed to buying a house for the purpose of renting it out, according to a new report from Auction.com. But results vary depending on whether the house was purchased at a live auction or an online auction.
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It’s official: The investors are back

Cash sales reach nearly 43% of all sales in 1st quarter
Ben Lane
“Strict lending standards combined with low inventory continue to give the advantage to investors and other cash buyers in this housing market,” said Daren Blomquist, vice president at RealtyTrac.
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Looking for a 30% profit? Flip a house

U.S. home flipping down to 3.7% of all sales, but profits are up
Ben Lane

While the share of flipped homes is shrinking, the average sales price of single-family homes flipped in the first quarter was $55,574 higher than the average original purchase price. That’s up from a year ago when the average gross profit per flip was $51,805, according to the Q1 2014 U.S. Home Flipping Report from RealtyTrac.


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The price of these four Detroit homes is insane

These properties are cheap even by Motor City standards
Jacob Gaffney
If only one person bids, they will get four homes where they could turn a profit with the first rent payment.
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