So how does real estate developing/investing work.
By
on
August 1st, 2008
I’m preapproved for 400k.
My uncle is a contracter, my bro is a foreman roofer, 2 of my bros are inspectors and i can get anything new from full baths, tiles/hardwood floors, kitchens,etc. at less than half the price(who can’t.)
I have like 6 grand for remodel. So would i need another loan to remodel. Can i get inspections before buying the house.
I know i need money for monthly mortgage for the while I’m remodeling. So, what is it that i have/need to do to have a successful “FLIP”.
CORRECTION- 2 of my bros friends are home inspectors.
ang l says:
sounds like you are buying a house that needs repair or are building a house. ask your uncle he will have more knowledge than anyone you know and trust. knowing a home inspector is ok but you have to be honest with people or they will not buy from you. a buyer can always hirer the own inspectors to check things out. good luck
August 1st, 2008 at 6:06 am