Has anyone done a Flip sale no money down before?

  • MartinMPL

    Posts: 481

    Nov 02, 2015 12:03 AM GMT
    im talking about properties i want to know everything! share your experience below
  • tj85016

    Posts: 4123

    Nov 02, 2015 12:12 AM GMT
    yep, make sure you have plenty of free cash on hand, things have a way of biting you in the ass in real estate

    use integrity and honesty in any renovations or repairs you make and document them
  • MartinMPL

    Posts: 481

    Nov 02, 2015 1:10 AM GMT
    tj85016 saidyep, make sure you have plenty of free cash on hand, things have a way of biting you in the ass in real estate

    use integrity and honesty in any renovations or repairs you make and document them


    what do you mean by biting you in the ass? what situations has happen to you?
  • SomeSiciliano...

    Posts: 543

    Nov 03, 2015 7:11 PM GMT
    Property values in 'transitional' neighborhoods can flux on a dime. Use public records to research the area demographics. Have the house inspected by a reputable contractor and be prepared for unforseen expenses. Know EXACTLY what you want to do and if the architectal engineering is feasible.