Finding Houses to Flip - dummies

By Ralph R. Roberts, Joseph Kraynak

Part of Flipping Houses For Dummies Cheat Sheet

The first step in the house flipping process is the most crucial to your success — finding a property or properties with profit potential. Following are some ideas of where to look:

  • Look for dontwanners in your neighborhood — vacant, unkempt homes the owners “don’t want.”
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  • Read local foreclosure notices, available through your county’s sheriff’s office or register of deeds.
  • Contact banks to find out about real estate owned (REO) properties.
  • Network with probate, bankruptcy, and divorce attorneys.
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  • Team up with a Realtor.