I have a friend who has done very well flipping houses.
She 1) had a broker’s license even before the crash of 2008;
2) has a close relative who knows another real estate broker who is unusually adept at finding bargains
3) knows a few people with LOTS of available cash;
4) has a very good real estate attorney.
All of the above get a chunk of the action, except the attorney who bills for services rendered.
She was doing it for a couple of years when the advertisements started up. Which was right around the time she said it was becoming more difficult.
The limiting factor has been cash. Anyone who tells you that you can flip houses without cash is either lying, or is going to advise you to do something illegal.
Yep cash is king. You have to move fast and having the cash on hand is the only way.
The limiting factor has been cash. Anyone who tells you that you can flip houses without cash is either lying, or is going to advise you to do something illegal.
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I’ve been to one of their presentations ,, they want to sell you their program ... or engage you to bird dog for them for very little reward.