Real Estate Flipping

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Before you decide to flip a house, you need to choose your market. I suggest to focus on your local market first, especially if you’re just starting out. How is the supply in the market? If the market has a really high market, your house may not be very high in demand, thus taking longer to sell!

After you’ve researched your market, it would be time to build your team! You need a contractor, a realtor, a title officer, and a lender. Your contractor helps you fix up the house, the realtor will sell the house, your title officer handles the transaction, and the lender will fund the deal! I have used social media as a resource to finding good people! It’s really important that the members of your team understand flipping and wholesaling houses. This will make the process much easier for you and the team.

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