Flipping Houses Tips - I bought this flip for only $13k!
Автор: showem88
Загружено: 2009-06-29
Просмотров: 3202
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Flipping Houses Tips - http://www.reimaverick.com/flipping-h...
Property is located in a small town in central texas, bought with cash for $13,300. Comparably sized properties in better condition go for about $90k. Instead of doing a full renovation for upwards of $40k and competing head to head with properties in that range, we opted to Prehab (making a minimal amount of improvements to be FHA loanable,) for $4,000.
This allowed us to sell the house at a fraction of the price and ensured a quick sale while still making a profit of over $35k. It also broadened our range of potential buyers. Not only could did it offer an attractive opportunity for investors, a homesteader could buy a house for about as much as they would a mobile home.
To learn more flipping houses tips visit: • Flipping Houses | How To Flip A House
• Flipping Houses Tips - I bought this flip ...
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