1st Time Flipping Property

I went to see the house of $240,000.000.

It is a old house but every thing in it is new

What is my next step with the seller if I want to flip this house

Comments(2)

  • goldstuff00022nd November, 2005

    well hopefully you have done your research to see how much you can profit on the deal and what you will have to do to make the profit...but the next step is lining up your financing or creating creative financing so you can control the property

  • ablessedmind22nd November, 2005

    I agree with Goldstuff...have you ran a comp list to see what is the value of the home? If not, I would definitely do so before finding financing. There no use in burning energy on a property that may not turn a profit for you.

    Just my thoughts.

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