Homed In

Hard-money lenders welcome pricey property projects as supply of low-end homes dwindles. The master bedroom is garish pink, a second bedroom deep purple. But to Jan Brzeski of Westwood lender Arixa capital, the small house in the hills of Sherman Oaks is all green. 

Oaktree Propels House Flipping Revival With 20% Gains: Mortgages

House flippers, who stoked the housing bubble a decade ago, are making a comeback with the help of funding from private-equity firms and other non-bank investment companies. House flipper Greg Hebner expects to rake in about 30 percent profit in eight months, more than twice the return of the Standard and Poor’s 500 Index (SPX), as he seeks a buyer for his latest makeover.