Archive for the ‘House Flipping’ Category

I’ve already heard talk about a 14 day loan, I reckon, to flip a house? Maybe one that defers closing cost until you sell it. Does this make sense and if so what type of loan is it? Unless it’s just that they have the cash… Thanks

I am interested in flipping a house for profit, not some huge job with plumbing or roof or foundation problems, just something small to start off with, like cosmetic issues.

How would I go about getting financing to hold a home to flip? May possibly I get a home loan with a mortgage, like if I were vacant to live in the house? And if so, after I sell the house and make the profit, what happens with the mortgage? Would the buyer take over what I’ve already gotten?

I mean,if I place in X amount of dollars into a property,how can I find out if my upgrades will be worth investing in said property?

As a Canadian, if you buy a home and live in it for two months (as primary residence and first home hold) do you have to pay capital gains on the resale profit?

Taking into account flipping a house in a hot realestate market. Any tips? Weblinks are awesome!
I wrote hot market because Im not from the states… Im in a market thats has 26% increase for the last 2 years. Ive already bought 2 houses and sold one. One i live in. Were taking into account buying a cosmetic house to work on and sell. My fiance is a carptenter.

I do not know the concept of it.

let’s use this example:

If I buy a house for 150000 and get a 30 year fixed mortgage. let’s say that I would pay around $900 per month. okay now it’s been 2 months and i flipped it and want to sell it. How do i do it if i havent finished paying it off?

I don’t even have a credit score. My wife score is a 580, what I want to know is can we buy a low-cost foreclosure house and flip it for a small profit. Please let me know if thats posible.

I’m interested in buying, living in, and gradually flipping a certain house. Im trying to figure how pricey it would be. The flip would probably include adding at least one room and a deck, and extensive work inside. Can i do the plumbing and electrical myself if its not major and i learn how?

It’s a dream of mine to flip a house. I don’t know anything near what I need to know in order to be successful. Where can I start to learn the necessary information so that I can be well-knowledgeable if and when I do it in the future?

I want flip houses, but I don’t how much a down payment would be. Can some please give a estimate of the down payment?