Flipping REOs can be a very profitable endeavor. The key is knowing the process and the ways to do it effectively. What are REOs? REOs (Real Estate Owned) are properties owned (or “taken back”) by a lender after the sale at a foreclosure auction did not succeed. Lenders that have REOs include banks, government loan … Read more
House flipping investment groups are independent investors who purchase real estate to flip, wholesale or buy & hold. Many groups hold meetings with other investors to learn about real estate flipping opportunities and potentially invest in them together. Members of investment groups pool in their money and make investment decisions together. This is often more … Read more
Is it possible to flip houses with no money down? While house flipping may help you earn big, fat profits, you need to have a certain sum of money to fund the project in the first place. Just like any other business, house flipping doesn’t start with empty pockets. It requires an investment on which … Read more
Flipping a house successfully depends on many factors, and an important one is location. Are you investing in one of the best states to flip a house? Your profit could depend a lot on what state you’re in. Financial website GOBankingRates analyzed data from real estate site Zillow and property data warehouse ATTOM. Using a range of … Read more
House flipping… popular TV shows make it look like such a fancy process without talking about the potential requirement(s) of a loan to flip a house. They often portray it as an effortless way of making a hefty amount of money in a matter of weeks. While the earning-a-great-return part is indeed true, what many … Read more