Flip a House
House flipping is the process of buying homes that need updating or repairs, fixing them up quickly, and then selling them at a profit.
1. Do diligent market research. 2. Nail down your budget and financing. 3. Hire the right help. 4. Know what makes a good flip house. 5. Make only essential updates. 6. Work quickly. 7. Price it right.
Depending on the type of repairs needed, you could be looking at a time frame from 8 weeks to 6 months or longer.
House flipping doesn’t have to be difficult, as long as you follow good practices and don’t try to go it alone.
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