Mar
08

Make Your First Home A Flip - Part 3

If you have decided that a good way to realize your dream home is by flipping to build your net worth, you have made a good decision. Be careful though, don’t let your desire and talents get in the way of making money on your venture.

First things first!

Get pre approved for a mortgage. Once you know how much you can afford to pay for a house, plan on buying one that you can purchase for less. Don’t leave your self house poor. You will need money for renovations. If that means saving for a couple of months to buy materials, then that is what you will have to do. Make sure you have money left over at the end of the month to put back into your investment.

This is a preview of Make Your First Home A Flip - Part 3. Read the full post (532 words, estimated 2:08 mins reading time)

Feb
06

Real Estate Investing 201

Digging a little deeper into Flipping. In Real Estate Investing 101, Part I, we covered buying a house to resell for a short term profit. In this lesson, we’re going to delve a little deeper into flipping, run a scenario, and examine ways to maximize profit, while minimizing risk and making it happen fast.

Finding an appropriate property

This is a preview of Real Estate Investing 201. Read the full post (1628 words, estimated 6:31 mins reading time)