Quote:
Originally Posted by Dantilla
I've flipped a few houses, and made money every time.
I would not let my cash buy a house unless my name (or LLC) is on the Deed.
"I buy, you fix, we split the profit evenly" makes sure both parties are heading the same direction.
That being said, I've never worked with anybody else on fixer-uppers. My cash, my labor, my profit.
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Same here.
I can get construction loans for 6.5% here. For those talking 10-20% that's crazy. Two or three more flips and I will self finance.