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Fix and flip loans are used by short-term real estate investors to purchase and renovate a property before flipping it for a profit. This type of financing for flipping
houses offers investors fast closings for properties in any condition. While buying, fixing and quickly reselling properties can be lucrative, it takes much more
money to
flip a house than it does to simply buy a house that you want to live in.
3/28/2016 · Know your
credit score. If you do not have
money for a flipped house yourself, you will need to take out a loan to cover your initial costs.
No matter who your lender is — a partner, a bank, or a private lender — you will have to demonstrate that you have the capability of repaying your loan.
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flip houses with no money but be prepared to bring value in another way like wholesaling property by assigning contracts, building a private investor network, or giving up equity in another residence.
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Houses for Profit [Rick Villani, Clay Davis, Gary Keller] on Amazon.com. *FREE* shipping on qualifying offers. For anyone looking to build wealth in real estate,
FLIP provides a step-by-step approach that really works in any market. -Loral Langemeier
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