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Podcast: 7 Figure Flipping
Episode: [870] The Renovation Debt Trap Nobody's Talking About
Description: Everybody's talking about the rate lock problem.But that's not what's actually trapping homeowners right now.It's renovation debt. And almost nobody's talking about it.64% would rather renovate than move. But 58% regret it, 30% went into debt just to finish it, and 58% have nothing saved for emergencies.I think the 22% who say they overspent is low, by the way. Way low.Here's where it gets interesting for us as investors.These are your future sellers. The ones sitting on a half-done kitchen...