Okay, you know the drill: purchase a house below the current market rate, make some repairs and improvements to it, and then turn around and sell [flip] the house to generate big profits.
While the concept of flipping houses is nice, the reality is that so much more is involved in flipping real estate. Without the proper knowledge on how the process works, you could end up being saddled with a house you really do not want to own or end up taking a big loss on the sale of your property.
The real estate market has the potential to create huge profit windfalls for the savvy buyer. Here are a couple of tips to help increase your profit margin when flipping houses:
Buy low and sell high. How do you find homes to buy below the market?
1. Create a free brochure titled 3 ways to avoid foreclosure and get cash NOW for your equity. Then, distribute your brochure to people who are currently in the foreclosure process and homeowners who are currently 90 to 120 days behind on their mortgage payments.
By the way, one of the helpful tips in your brochure should be to call you for a quick sale.
You can obtain foreclosure information from your...
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