Can you imagine a time when you could make a profit from $30,000 to $50,000 or even more for just a few hours of your time? You can do this when you learn all there is to know about flipping Real Estate. Real Estate investing is still one of the best ways to make money and you can do this even if you have never been a Real Estate agent. With these easy guidelines to follow you can become another big time Real Estate investor. It is possible to locate a property, buy it and sell it to someone else within minutes of the original purchase even without doing any rehabbing. Sounds impossible, doesn't it. By going to websites you can find all the information you need to get yourself started. Of course you first have to make an offer on the property, keeping in mind your customer and the rehabber. Before doing this you should be aware of the market value of the property and then factor in things such as closing costs, money for repairs and so on.
You can find many of these rehab properties by searching the newspapers and calling on FSBO's, or for sale by owner. Once you make the offer and it is accepted, give them an earnest money deposit then you should contact the title company of your choice to begin the title search etc. It is very important to qualify the buyer before stepping into the above processes. You want to be sure they have the money available and or a line of credit and ask for proof of this.
Flipping homes is a simple way to kick start your career and move into a higher tax bracket. With little or no cash investment to rehab a property, you can easily make a profit. Remember the old adage, buyer beware. This holds true even in Real Estate. Take control of the situation in a professional manner and line up the qualified persons you need to settle and complete the sale. While all this may sound time consuming, if you have all your people lined up properly, all will go smoothly and you can pick up your FAT fee check.
AC Ramos is a Real Estate expert in Houston, Texas with Citiscape Home Buyers. http://www.CitiscapeRealEstate.com
Article Source: http://EzineArticles.com/?expert=AC_Ramos
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