($300,000 x 0.70) - $50,000 = 3. Key Phases of a Flip
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. buying and flipping homes
Remember that "profit" isn't just the difference between the buy and sell price. You must account for: (both when buying and selling). ($300,000 x 0
Doing work yourself saves money, but professional finishes sell houses. Poor DIY work can actually decrease a home’s value. 000 x 0.70) - $50
