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Updated about 5 years ago on . Most recent reply

Account Closed's profile image
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Account Closed
  • Rental Property Investor
  • from Sacramento, CA
  • Member since Nov 11, 2019
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Sacramento, CA
  • Member since Nov 11, 2019
Connect
Account Closed
  • Rental Property Investor
  • Sacramento, CA
1
Votes |
11
Posts
Rehabbing & House Flipping

Rehab Finacial Question

Account Closed
  • Rental Property Investor
  • Sacramento, CA
Posted

I’m new to the subject of investing in real estate so please excuse my ignorance.

When buying a property for flipping or rehab and rent purposes how does paying the mortgage work?

If rehab takes 2 months and selling the property takes 3 months do you pay the mortgage out of pocket for those 5 months?

Any information helps. Thank everyone and happy holidays/happy new year.

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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Sacramento, CA
  • Member since Nov 11, 2019
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Sacramento, CA
  • Member since Nov 11, 2019
Connect
Account Closed
  • Rental Property Investor
  • Sacramento, CA
1
Votes |
11
Posts
Account Closed
  • Rental Property Investor
  • Sacramento, CA
Replied

Thank you for your help. @Thomas R Ulrich

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