Billy Pritchard loves a deal.
The Lafayette, Louisiana-based real-estate broker, 46, found his niche buying and flipping foreclosed homes after buying his first foreclosed home one year into his real estate career.
“It was at a really good price range where I probably wouldn’t have to put a ton of money into it,” Pritchard told Business Insider. “But it was a kind of house that a lot of people don’t like to touch because it’s on piers, and there were rotten beams, joists underneath, and you had to get it leveled and replace all the subfloor.”
Taking those risks paid off for Pritchard, who said he now buys and flips a few foreclosed homes each…
