Manner Property Group Blog

Flip that Mansion!

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Insight – Flip that mansion: investors see riches in luxury U.S. homes

LOS ANGELES (Reuters) – Jan Brzeski stands in a sun-filled, beautifully refurbished living room high in the Hollywood Hills, looking out at a swimming pool and, miles (km) below, stunning views of Los Angeles.

Brzeski is a private money lender running an investment firm in Los Angeles that provides loans to house flippers – investors who buy a home, refurbish it, and sell it at a profit. Many flippers turn to money lenders because they cannot get banks to provide such short-term, quick financing.

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