I'm sure this is question has an obvious answer.. can you combine the two strategies? I was thinking about starting out with a buy and hold, but while that process takes place can you turn it into a fix and flip? (Use...
Hello BP,I have a question about two recent flips that sold in Tacoma WA (about 30 miles from Seattle). I was looking at recent homes that sold and identifying which ones were flips to figure out what investors are pa...
I'm reading the book called Flip and in the book they have a model where it goes like thisARV-Repair Cost-Quiet Cost-Minimum profit__________________________(How much you should offer)My question is does anyone else u...
I put a bid in on a SFH that I know has a lot of potential but would like some feedback on the direction I should go with it.
It’s an older home but most in my market are.
It’s an estate deal so it’s being sold “as is...
This is a basic question that I have been curious about, let's say you purchase your first rehab with a loan from the bank for $200,000 and you sell the rehab for $250,000. Now would you pay the bank loan off right aw...
I just got an offer accepted by Fannie Mae. We bought the property @ REDC. The purchase price is 84k, ARV is 140k. There is a clause in the contract that says I cannot resale for more than 100k within the first 90 day...
Newbie here in Minneapolis looking to flip my first house, but it is bank-owned and I need to move quickly.
I am young and have not owned any property before. Will $10,000 be enough for a down payment on a $169,000 ...
I recently got a Partnership LLC as part of a guru package back in July. However, my main strategy is to fix and flip homes. I've also learned that in terms of asset protection and to maximize my tax benefits, it's ...
I spoke to a local lender who told me that cd's could be collateralized for loans of 80% total ARV. With the cd as collateral they will quick cut checks for the re-hab per your own draw schedule. This was exciting to...
Guy's I'm in class currently to get my realtors license. However, I'm starting to have second thoughts on the benefits to this as an investor; specifically a flipper. The primary reasons I wanted my license was to get...