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All, I am getting ready to bid on foreclosed houses with an intention of fixing and flipping. My questions pertain to logistics more than anything else:- do I need an LLC set up with a funded account beforehand?- do I...
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I know that Ive heard BP has different types of checklists... I am going to look at my first property today and I was wondering if anyone could point me in the direction of where I could find a checklist of things to ...
Hi everyone,I live in NJ where it seems to me things are a bit expensive especially in terms of materials and labor. But then again this is assuming.I'm struggling with analysis mainly in trusting my numbers and actua...
I have conducted my due research on house flipping, but want to go a little deeper and start connecting with those in Oregon. Primarily, I am looking for an investor for properties. I understand how house flipping wor...
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Hello biggerPockets! I have a question about the House Flipping Calculator. 1. what percentage is normally the Purchase Closing Costs?2. what percentage is normally the Selling Closing Costs Closing Costs?
Hi. I am asking this question for my husband. He currently is a Union cabinet maker. He does a ton of "side work" doing complete kitchen & bathroom rehabs etc. He can pretty much do everything as far as constructi...
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Hi. Has anyone flipped houses without a partner while working full time? What was it like to do it on your own?
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I'm looking to do my first flip and found a local bank that will lend me 75% of the purchase price and 100% rehab for a flip. I meet the financial requirements and have been approved so I am ready to go with them. The...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $135,000
Cash invested: $20,000
Sale price: $205,000
We purchased this home initially thinking we would be ther...
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Good evening,My flip was just broken into this weekend. Fortunately, we don't keep too many items at our flip, but a compressor and miter saw were stolen, along with some material we had just purchased. I've used the ...