I bought a fixer upper at the end of August 2017. It was a pretty quick buy, took less than 2 weeks to close, cash transaction. It had to be cash. Most fixer uppers do not qualify for financing, too risky for banks to give loans. You can do hard money loans, but you won’t make as much profit and the closing process takes much longer. For this property, I plan to flip and sell. This is not my usual business. I usually either: buy properties in okay condition, renovate a bit then rent, buy fixer uppers, fix, then rent, or buy properties in good condition, hold  for a while, then sell However, this time, I want to experiment with flipping, as you can make some good-ass money doing flips. Many real estate investors have made some awesome money flipping houses and sell to make a quick profit. I am […]