Answer by Wendy
Whether a college graduate or not, the first step of course is buying the property - you need cash or a mortgage. Mortgages for investors are harder to find these days but not impossible. Mortgages on...
View ArticleAnswer by Anna Brocco
Much will depend on your finances, and exactly how much work the property will need--most do need extensive repairs, how quickly can any repairs can be made, etc.--If you haven't done so yet, visit...
View ArticleAnswer by Lynn Pisani
Cami, As long as you have money and good Fico credit scores it doesn't matter what age you are when buying a property. Since it is a banked owned property, you must be prequalified by the lender and...
View ArticleAnswer by Allen Bauman
Hi Cami It doesn't matter if you are a recent college grad or any age(generally above 18) in this kingdom cash is king. Or you must live in a kingdom where you can get cash and be a prince for a while....
View ArticleAnswer by Dan Chase
If the average house takes 5 months to sell, how will you make payments for that long? Some houses have been for sale for well over a year. Could you keep the house that long if needed? It sounds good,...
View ArticleAnswer by Laud
Turn off the HGTV. Go get a job. Flipping foreclosures is best left to professionals who have already been bankrupt once and know their way around the court system. Just BUYING a foreclosed house is...
View ArticleAnswer by Yolanda C
I work with Real Estate investors who purchase these deals with cash. They flip the home to make a profit of course. A lot of the times the properties are still a bargain. If you are interested in...
View ArticleAnswer by Paula Bailey
Hi Cami, If you find a competent mortgage broker he/she can walk you through the process of obtaining a loan to purchase the property and do the necessary repairs. My brother is a mortgage banker and...
View ArticleAnswer by David Chiles
Thank you for your question Cami. Renovating a home and selling it for a profit, also known as 'flipping,' is not happening as much in today's market because there has been little appreciation in the...
View ArticleAnswer by Wendy
Whether a college graduate or not, the first step of course is buying the property - you need cash or a mortgage. Mortgages for investors are harder to find these days but not impossible. Mortgages on...
View ArticleAnswer by Allen Bauman
Hi Cami It doesn't matter if you are a recent college grad or any age(generally above 18) in this kingdom cash is king. Or you must live in a kingdom where you can get cash and be a prince for a while....
View ArticleAnswer by Wendy
Whether a college graduate or not, the first step of course is buying the property - you need cash or a mortgage. Mortgages for investors are harder to find these days but not impossible. Mortgages on...
View ArticleAnswer by Anna Brocco
Much will depend on your finances, and exactly how much work the property will need--most do need extensive repairs, how quickly can any repairs can be made, etc.--If you haven't done so yet, visit...
View ArticleAnswer by Lynn Pisani
Cami, As long as you have money and good Fico credit scores it doesn't matter what age you are when buying a property. Since it is a banked owned property, you must be prequalified by the lender and...
View ArticleAnswer by Allen Bauman
Hi Cami It doesn't matter if you are a recent college grad or any age(generally above 18) in this kingdom cash is king. Or you must live in a kingdom where you can get cash and be a prince for a while....
View ArticleAnswer by Dan Chase
If the average house takes 5 months to sell, how will you make payments for that long? Some houses have been for sale for well over a year. Could you keep the house that long if needed? It sounds good,...
View ArticleAnswer by Laud
Turn off the HGTV. Go get a job. Flipping foreclosures is best left to professionals who have already been bankrupt once and know their way around the court system. Just BUYING a foreclosed house is...
View ArticleAnswer by Yolanda C
I work with Real Estate investors who purchase these deals with cash. They flip the home to make a profit of course. A lot of the times the properties are still a bargain. If you are interested in...
View ArticleAnswer by Paula Bailey
Hi Cami, If you find a competent mortgage broker he/she can walk you through the process of obtaining a loan to purchase the property and do the necessary repairs. My brother is a mortgage banker and...
View ArticleAnswer by David Chiles
Thank you for your question Cami. Renovating a home and selling it for a profit, also known as 'flipping,' is not happening as much in today's market because there has been little appreciation in the...
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