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I have a question about flipping houses without investors. I have a good credit score (above 775) and am beginning to flip houses (the market has not slowed where I live). I am doing this on my own financially and am interesting in learning about how I can finance the flips without applying for a loan and consequently lowering my credit score with every flip. Thoughts? Thanks in advance!

2007-11-18 14:22:25 · 4 answers · asked by skinnyglassesgirl 2 in Business & Finance Renting & Real Estate

4 answers

omg why would you want to flip a house? that would make a mess!

2007-11-18 14:30:05 · answer #1 · answered by Anonymous · 0 1

All loans will hit your credit score, but since you're going to flip and sell quickly (hopefully), you'll pay off the loan quickly which will raise your credit score.

2007-11-18 14:31:05 · answer #2 · answered by smoofus70 6 · 0 0

Without using investors (other people's money) and without getting a loan? The only way to that is to do so with assignable purchase option contracts, which is good, because there is no risk if you fail, just your time.

Regards

2007-11-18 18:38:49 · answer #3 · answered by Anonymous · 0 0

If you are very skillful at flipping houses very quickly, contact individual investors who might want to become your silent partner.

2007-11-18 14:53:17 · answer #4 · answered by !!! 7 · 0 0

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