You’ve been watching the flipping shows on TV, and you’re feeling the itch to try your hand. Well, in a way, the shows are right. Anyone can flip a home. Anyone can do anything once they’re properly educated and experienced. Here are the four things you need to get started:
1. Money. What you really need is access to money. There are millions of individuals and institutions out there looking to fund real estate deals. More and more money is flooding the industry as home flipping once again gains favor. Here are a few sources: Friends and family: This is where most people start. Do you have a wealthy family member or friend? Start talking to them about your aspirations, your plans and how you’ve prepared yourself to be successful. However, if everyone you knew growing up lived paycheck to paycheck or you hate to mix business and personal, keep reading.