how to be a house flipper ?

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how to be a house flipper ?

what's the basics of house fliping ??? i know a thing or two about counter tops and my brother in law knows about Granite
but where do i start ??? ( plz explain in detail as far as money wise lending and how to go about lending )

2007-09-03 14:28:59 · 2 answers · asked by SA_MAN 1 in Business & Finance ➔ Personal Finance

2 answers

find a fixer upper and hope it is priced right == buy it fix it up and but back on the market == main thing is keep a good record of cost of improvement since you will have to pay taxes on profit!!!

2007-09-06 01:30:17 · answer #1 · answered by Anonymous · 0⤊ 0⤋

Well, you have to do it when prices are going "up" not now when they're going down.

2007-09-03 15:08:58 · answer #2 · answered by tom p 3 · 0⤊ 0⤋