New iBuyer gets $1B to flip heavily renovated homes at no-haggle prices

Backed by Amherst Holdings, the new website Bungalo Homes lets buyers find, tour, finance and close on a home online within days

A new, extremely well-funded online homeselling startup has entered the fray. It offers a platform that lets buyers search, tour, finance and close on a home and looks positioned to flip thousands of homes in the years ahead.