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Flipping Houses

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Financing Your House Flips

Flipping houses is an expensive endeavor. You need money to purchase the property, renovate it, pay the bills for the duration of the project, and sell the property. When financing a flip, work with a [more…]

Repairing and Renovating a Quick-Flip Opportunity

As a first-time home flipper, look for quick-flip opportunities — cosmetically challenged houses that you can beautify and sell without a huge investment of time, effort, or repair and renovation costs [more…]

Flipping Houses For Dummies Cheat Sheet

Flipping houses sounds as easy as 1-2-3: 1) Buy a house significantly below market value, 2) fix it up, and, 3) sell it. When you actually try to flip a house, however, you soon realize that it's tougher [more…]

Selling a Home? 4 Warning Signs about the Potential Buyer

Selling a home can be very nerve-wracking, so you may be tempted to take the first offer that comes along. Be careful! Potential buyers can be problematic if you don't know what to look for. Not all offers [more…]

Flipping Houses: Scheduling Your Foreclosure Activities

A key part of flipping houses is to buy inexpensive homes — and that often means looking for ones that are in foreclosure or about to be. Foreclosure is what happens when you don't pay your mortgage; you [more…]

Flipping Houses: Don't Over-Renovate

One important rule in house flipping is to never over-improve a property. Research similar properties in the area to determine the fair market value for the house you're flipping, and then plan your repairs [more…]

12 Tips for Selling a Home in a Slumping Market

You can successfully sell a home in a declining market and even profit from the sale if you set realistic goals and work a little harder at it than your competitors. If you find yourself having to sell [more…]

Flipping Homes: 11 Ways to Cut Renovation Costs

When renovating a property that you intend to flip, don't get carried away. Some home flippers hire top-of-the-scale contractors and insist on the highest-quality building materials from the nearest suppliers [more…]

Flipping Homes: How to Evaluate Rental Properties

You have several strategies to choose from when you flip a property. One strategy involves purchasing a property, leasing it to tenants for several years, and then selling it. One of the primary benefits [more…]

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