All Forum Posts by: Carlos Tiburcio

Can anyone who is an active house flipper in the northeast coast tell me about his or her experience? :)

Thank you very much for taking the time to answer and share your opinions. 

Let's say that you are doing a flip with money borrowed from a hard money lender. You bought the house, rehabbed it, and at the time of selling it, the estimated ARV dropped significantly, leaving you with little profit or nothing at all to pay back the loan. Is there a way to minimize this risk and complete a successful flip? or is just flipping during a crisis a bad idea?

Hello everyone. I'm a 20 year old man who is interested on learning and investing in real state. I'm thinking about purchasing my first property in the next couple of months and starting with buy and holding small properties. But i'm wondering if i should purchase a single family or multifamily home. I would like to hear some advices from people that have had experience with any of these properties and tell me some pros and cons of these ones. Thank you.