Advice on Flipping House
Hello! I wanna get involved in flipping houses. I wanna do it with no money down. I have a credit score of 700, how much capital do I need to start with? What’s the best advice you can give me as a beginner?
Here is an article on how to make money flipping houses that may help: https://fitsmallbusiness.com/how-to-make-money-flipping-houses/
Also, a few lenders will finance 100% loan-to-cost (purchase price) but will expect 70% to 90% loan to value (meaning you’d need 10% to 30% of your own money). Here’s an article that explains LTC:
And here is a link to all our house flipping articles that should help you get started.
Hope this helps!