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Updated over 7 years ago,

User Stats

19
Posts
3
Votes
Frank Contreras
  • El Paso, TX
3
Votes |
19
Posts

Flipping a house with a bank loan

Frank Contreras
  • El Paso, TX
Posted

The houses your flipping, are you getting bank loans or paying cash out of your own pocket? Are we able to flip house we're getting conventional loans with and selling them like  1 or 2 months down the road for profit? There isn't a rule stating we have to keep the house, if we get a loan through a bank right? My Newbie plan is to flip houses until I have enough to buy a house with cash and hold that property and just continue the same process, until I can quit my day job. Any help is appreciated! 

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