New Flipper!

United States
March 14, 2007 11:58am CST
Hi, looking to flip a house in my area for th efirst time... what is a good bank that works well with flippers and that might lend out a bit extra money if needed. Where else could I get some extra cash? Any suggestions? Thanks
2 responses
• United States
15 Mar 07
Hopefully you are not trying to flip here in California. Due to the change of market it is not the best choice to do them here. If you plan to flip foreclosures or short sales I would check with a real estate attorney for any risks that are involve from purchasing one of these properties. Good luck in your adventure in flipping.
• United States
16 Mar 07
No, I'm flipping in South Texas where a 4 bedroom can be bought for 200k! Thanks for the advice.
@cher913 (25895)
• Canada
14 Mar 07
Here in Canada, that is illegal to do...you must live in the house or own it for 6 months to a year... Good luck though