Buying And Flipping Homes Page

The goal of a flip is to minimize the "holding time." The longer you own the property, the more your profits are eaten away by taxes, insurance, utilities, and interest payments (often called ). 2. The Golden Rule: The 70% Formula

Listing the property quickly. In a "hot" market, a well-flipped home should sell within 30 to 60 days. 4. Common Risks to Avoid buying and flipping homes

Doing work yourself saves money, but professional finishes sell houses. Poor DIY work can actually decrease a home’s value. The goal of a flip is to minimize the "holding time