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Contract for Deed Under Fire | St. Louis News
Description
A controversial real estate strategy called “contract for deed” is exploding in popularity—investors sell properties to tenants via monthly installments, pocketing cash without repairs. Marketed as a passive, low-risk play, it’s drawing fire for potentially trapping vulnerable renters in deteriorating homes. Joey Chianese, a key player, now faces scrutiny from regulators as communities grapple with the human cost and long-term consequences of this “slow flip” model.
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