As a partner at a construction company, we are good at finding inexpensive distressed properties, fixing them up, and then putting quality tenants in place. However, it seems we have more deals coming our way than ca...
Another thread brought up the best cities to flip in, and some of the responses pointed to the areas that were hit hardest by foreclosures. My question is where do you guys see the future of flipping business in thos...
Hello and thank you for viewing my post!I am curious about note flipping. I am new to real estate investing. I heard of note flipping via webinar I viewed two weeks ago. Does anyone have any experience with note flipp...
I have never done a shortsale flip but I have four that are close to happening. My title company does know how to do a double close but they are telling me they can only do the flip if the end buyer is using cash or ...
I am seriously looking into getting involved in flipping, particularly the strategy of buying, rehabbing and selling.
I have been doing some research, including here on Bigger Pockets. I am in the middle of...
Gurus always say you know it takes little to no money to start flipping homes. Once I've got in the field these hard money lenders are asking for so much skin in the game and these costs are ridiculous. I'm starting t...
Hello Everyone, Long time reader, First time poster.So I may have a deal in line, here is the info.Arv- 350k350k x 70% = 245kRepairs - 35kFunding 6% = 14,700Target Purchase Price - 185k/200kQuick factsNo mortgage, own...
Do anybody know about Flipping Contracts?
The formula:
ARV - rehab costs X 65-70%= purchase price is hard to attain in the current market. I think as of RIGHT NOW, its more like:
ARV - rehab X 75% = purchase price (too really have a chance at getting the p...
I enjoy the work. I luv what I do as also the guys whom work for me! I luv the creativity of what I can do for its endless. I have a awesome imaginative mind pics pops up in my mind & I bring it to reality. I enj...