Quote:
On 2005-07-27 12:38, alanvictor wrote:
How do you flip a house and keep as much money as possible? any help would be appreciated
[ Edited by Darryle-CA on Date 07/27/2005 ]
Buy low, sell high. Have a rehabber already lined up to sell to under market value so he can make money, you can avoid marketing costs & holding costs as much as possible to unload it within a week or two & everyone wins.
By controlling your expenses.
Quote:
On 2005-07-27 12:38, alanvictor wrote:
How do you flip a house and keep as much money as possible? any help would be appreciated
[ Edited by Darryle-CA on Date 07/27/2005 ]
Also make sure to buy at a discount...
Buy low, sell high. Have a rehabber already lined up to sell to under market value so he can make money, you can avoid marketing costs & holding costs as much as possible to unload it within a week or two & everyone wins.
Rinse & repeat.
1031 exchange if you are buying another property
Yah, do what I did last year.
Buy a $35K Toyota Tundra.
Call it a business expense.
Good luck.
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