All Forum Posts by: Christian Uraga

Hello BP, 

How do you find investors that are willing to buy properties?  Any specific places you look at?

Thank you!

Hello all, 

I am looking to start my first fix and flip and one of the questions I have is do I need a new LLC every time I fix and flip a house? Do I need a lawyer to look over the contract and sign if needed? What other elements should I be aware of when its time to sell?

@Teri S. Thank you very much for your information!

@Roland Osage Hello Roland, hope everything is well. Thank you for sharing your knowledge! If you can contact me through a private message, that would be great!

Thank you!

Hello,

Thank you for taking the time to look at my post.  To start off I would like to know what I should expect when investing in properties for fix and flip.  I know the basic things that come with flipping houses, but I am curious about other aspects.  Some of the questions I have are as follows:

-Do you have to pay property/land taxes once you sign the forms or do you have a time frame before paying?

-Is insurance mandatory when doing a fix and flip?

-Average of closing cost?

I would like to know what other fees are associated with flipping a house.

Thank you very much!

Is it true that some lenders don't check your credit score, you just have to prove the outcome of the flip and they will take a percentage?

I am 20 years old, do you think lenders will take me as a joke?  I feel that if I ask for their help, I will get denied.