I call it the OP FLIP. no clue if this already has a better name. I'm the project manager and the owner is the boss. I'll do everything it takes to take the property up to its highest and best value. I'll develop the ...
Maybe this is old news in this forum but I've been dealing with quite a few condo flippers that didn't realize that the potential buyers' lenders are going to put up a bunch of roadblocks and it's not going to be as e...
Lets say you wanted to flip a property and required a 25k profit for it to be worth the effort. Would you be willing to reduce that minimum 25k profit if you could flip 3 identical properties that are all side by side...
Hello All,
I just joined this forum today. I came across this forum while I was researching on the "Lifestyle Unlimited" mentoring program in Houston.
I am a new real estate entrepreneur currently based in Charlotte ...
Hello im a general contractor in orange county California, Ive had a bad year and my credit score has dropped along with my savings. So my question is, for years i have been wanting to flip a house or two but dont kno...
22 days on the market.
I bOught it for $31k. I put $6k as down payment
Used HML and got a 10k construction loan from HM lender. I owe the HML 37,500.
I have an extra 3 or 4 in it.
Listed it for $100k, ten days l...
Sorry if this is answered, I feel like I've seen a lot of different responses on BP and then different responses on the web as well. I guess my question is pretty simple, can you use 401K funds for a flip and if so ho...
So I decided to take the plunge last fall and purchase my 1st flip. I paid $50K and comps were selling for 100k. This house needed some work. After purchasing it for all cash on Auction.com, I realized it was in a FLO...
Hey guys,
I recently got a purchase agreement on a bank owned mixed use property. A business owner next to the property mentioned that someone was willing to buy it for the list price, well above what I negot...
What advice do you have for creating a partnership for doing Rehabs. I am thinking about trying to put one together here in Austin, Tx. The thought is that four or five people that have jobs but want to be involv...