Buying And Flipping Homes -

Most flippers use "Hard Money" loans. These are short-term, high-interest loans based on the property's value rather than the borrower's credit score.

Always include a 15-20% "contingency fund" for hidden issues like mold, structural damage, or outdated wiring found behind walls. buying and flipping homes

Focus on high-ROI (Return on Investment) upgrades. Kitchens, bathrooms, and "curb appeal" (landscaping and paint) provide the biggest value bumps. Avoid over-improving for the neighborhood. Most flippers use "Hard Money" loans