Real Estate Investing: How To Fix and Flip Houses, 5 of 5
Thursday, July 29th, 2010 at
2:52 pm
In this video (the 5th of 5) flipping homes expert Steve Cook reviews work done on the exterior of this “full cosmetic rehab” including roof, deck addition and vinyl siding (how much & how long it took, and whether or not to overlay over previous siding).
Duration : 0:4:35
Tagged with: cook • Estate • flipping • flippinghomes • flippinghouses • flipthathouse • flipthishouse • houses • investing • Real • realestateinvesting • realestateinvestingtips • steve
Filed under: Real Estate Investing
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@krusier11 …
@krusier11 actually you don’t need the cash. Just ask the bank to put your down payment into an escrow for repairs, instead of the down payment. If they won’t do it, find a bank that will. I bought a property for 50,000, put down 15,000 into the escrow for repairs; it cost me a total of 20,000 to fix up and now it is under contract for 90,000. Mean while, the future buyers are renting it for 500 a month. It works, believe me. I recommend reading Robert Kiyosaki.
How long did it …
How long did it take to complete?
love the segments, …
love the segments, also would like to know the question, that laconia24 asked.
hey just a question …
hey just a question…once you sell the house.the money that you earn do you use some of it to pay off the remaining amount of mortgage?
In the previous …
In the previous vids, they said they had it under contract for 235k. I am a new investor my self but to me, you need much, much more of a book to do this property. You need to find a really good contractor and you need cash, in this case, 130k (80 for the property, and 50 for the repairs)
Wow thats …
Wow thats impressive what area was that house located, and what book do you recommend for new investor that want to flip houses ?
Bottom line it for …
Bottom line it for me…How did u start? Starting is a big thing. Do you do staging to sell your homes?
Yes, it was sold …
Yes, it was sold for around $225k I believe.
did anyone ever buy …
did anyone ever buy that house?
good videos!
good videos!