Finding a foreclosure to flip is not the first step of the house flip process nor is it the last. How can you make sure that you can sell it, and sell it quickly? That’s one of the most common questions amongst house flip investors. Now that you’ve found you’re investment you need to address [...]
When you first start out flipping houses, you want to be sure to avoid costly mistakes that are common to beginners that can eat into your profits and make it harder for you to finance more deals. The biggest mistake is taking too much time to fix up the house. Houses meant for flipping need [...]
Real Estate is an awesome investment stream. Making money flipping houses is one of those investments strategies that you can use in an up or down economy and still be successful. All you have to do is stop thinking about it and get to work. The money you will need to invest in these flips [...]
If you read the earlier post then you should know whether or not your foreclosure will qualify for the first time homebuyer tax credit. But if not then here’s a short review, it has to be your first home which is your primary residence. You have to make less than $75,000 if you’re single or [...]
The short answer is yes you can buy a foreclosure and take advantage of the $8000 First Time Homebuyer Tax Credit. As long as you purchase this home as your primary residence. The idea of the first time homebuyer tax credit is wonderful and almost unheard of. The credit is all apart of Presidents Obama’s [...]