What are the chances of you having $1 Million in your bank account doing what you're presently doing? All over the U.S. and Canada, real estate professionals have discovered a third income stream in addition to taking listings and making sales, called "sponsoring", that fills the gaps between closings and gives them a financial future that has never existed in real estate before. Could you do anything with that?
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate.
When you flip houses, you are not usually intending to live in the house; rather the strategy is to sell the property as fast as you can so as to avoid paying taxes and other expenses on the property. While there will obviously be initial costs that you will need to budget for, house flipping can be done with few resources and little experience.
If you’re a newer house flipper, you have probably heard about the 70 percent rule. Here’s your guide to the investing rule that can prevent you from spending too much money on an investment.
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