Posts with tag house flipping

Ice's Advice: What Vanilla Ice Wants Homeowners to Know

Robert Van Winkle, better known as the rapper Vanilla Ice, shot to fame in the early 1990s with his hit single, "Ice, Ice Baby" -- the first hip-hop single ever to top the Billboard charts. Fast forward two decades later, and Van Winkle is making headlines again thanks to his completely, er, renovated career. The former... Continue Reading »

FHA Says 'Flippers' Free to Play Through 2012

By Les Christie NEW YORK -- Flippers, the real estate investors who buy homes on the cheap and quickly resell them at a profit, just got a reprieve from the Federal Housing Administration. In an effort to help stabilize housing prices and unload some of the foreclosures that are flooding low-income communities, the... Continue Reading »

Mansion or Meth House? 'Flip Men' Want to Know

Remember "Flipping Out," the Bravo series that brought us high-strung house flipper Jeff Lewis and his high-end portfolio of properties? Well, you can wipe that image from your mind. The new reality of the housing market brings us a new breed of wheeler-dealers: the Flip Men. And what kinds of properties do these guys... Continue Reading »

Ricky Martin Still Can't Flip Florida Estate

Ricky Martin may be a chart-topping pop star who shakes his bon-bon for millions, but when it comes to his real estate portfolio, the millions disappear as he fails to turn a profit as a house flipper. The Latin crooner recently re-listed his nearly 10,000-square-foot oceanfront estate in Golden Beach, Fla. for $18.9... Continue Reading »

House Flipping in South L.A.: That's So Right!

Like many parts of the nation, but especially here in Southern California, the neighborhood known as South Los Angeles is pockmarked with foreclosed properties, the result of aggressive subprime lending. But unlike some other parts of town, house flipping just may save South L.A. from what would otherwise be a bleak... Continue Reading »

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