Syndicates of passive investors who pool money for a professional manager to find, fix, and flip multiple properties at once [4].
Leo’s strategy was the "Fix and Flip." He spent six weeks tearing down walls to create an open floor plan and replacing the avocado-green appliances with stainless steel. He knew his target: a young family looking for a "turn-key" home in a rising neighborhood. who buys houses to flip
Like Leo, these are experienced contractors or investors who use their own capital or "hard money" loans to buy distressed properties, renovate them, and sell for a profit [1, 2]. Syndicates of passive investors who pool money for