Their holding costs are minimal because they turn around the properties in such a short time.

Sometimes some people are just gifted...Short Story:A buddy of mine wanted to buy a new house for his family tolive in.

Looking to purchase, rehab and flip REOs and short sales in the Brockton area and surrounding towns.

Most investors of this type are in it for the short term.Usually 6 mo to a yr with a 9 to 12 %rate.On a 4 plex if you have a credit score of620 or above you can get 100% financing.

i use to live there for a short time ,and don't live far from there now. i'm affraid of a lot,so if i tell you i'm nervous about investing there that's just me. i went to a investors meeting last week and meet a couple members investing there, in fact the attorney giving the seminar works and dose alot of investing there so dose the director of the club.

every investor has different exit stragegy....if its long term... you want it to be fixed maybe 30 years or 40 yearsif its a quick rehab maybe ARM short termif its a quick wholesale flip...i use hard money...

Under a year it is a short term capital gain, and it goes as ordinary income at whatever your tax bracket is.

however, do some short term loanssuch as car loans or personal loans such as getting a computer loan. credit will get better by you repaying loansthis is the fastest way to increase your score. thankssunsmicro

You almost definitely don't want the HELOC long-term, I was trying to find a way to use it to your advantage in the short term.

I'm going to be getting in RE investing shortly but I want to network with a mortgage broker first because that will be the hardest part for meI have good credit for my age, but since i'm only 20 it's not the highest since I haven't been around long enough for it to get high.