Real estate flipping?

With the volatility in the real estate market right now, unless you have a LOT of cash to risk, you’d be a fool to try to get into flipping.

I agree with the first guy. Some people make a lot of money flipping, but most people do terribly!

Flipping has turned into a flop with many of the previous flippers now wondering how to get out from under their underwater mortgages.

Flipping was a phenomenon of a white hot real estate market, by the time you closed on a house you could find another person ready to buy it at an even higher price.

Forget the books, those are marketed to suckers.

Well dont try to flip real estate in this market just yet because it had turn south. You’ll be upside down. You can read all those books but get a realtor that help clients invest to better help you and bluid up your “connection”. If your in So-cal area i can help.

I say buy your first house. If you already have it and have been in it for 2 years then put it on the market. If the market is good where you are you will know. Otherwise forget it.

If you don’t have your first house then why are you considering flipping?

I disagree with everyone. You can flip property in this market with no money and no credit with no risk.

Look for this book: ISBN: 047169276X

Regards

If you start flipping with no money/no credit….you’ll need the number of a good bankruptcy attorney.Don’t forget to put that on your “to do” list.