I live in the Los Angeles area. I would like to start flipping. I have never flipped prop, but I have a pretty good idea of how it works. So, I need some end buyers who can close quickly. dsgreen33@yahoo.com
I would like to start flipping houses, but not sure how to get started. My question is should I get a house under contract and sell the contract or should I buy the house myself and rehab it and then sell it. Are there any books that I could read to gain more knowledge on this subject? Any help will be greatly appreciated…
You should definetly have the ability to be liquid if you are interested in flipping. As an investment property most lenders will only loan 75-80 LTV.
Your best bet is home that needs minor cosmetic repairs, and has been placed on the market for well under market value. The most important key is choose a property that is part of an area doing really well.