Flipping A House With No Money
Flipping houses can be tough, especially if you don’t have any money and you’re a total beginner.
But lets say you’ve found a great home, duplex, fourplex, etc and you want it to flip it.
The first step is you’re going to need to identify your own strengths when it comes to flipping houses.
Are you good at underwriting? Do you know the area? Are you a good handyman or contractor? Are you a licensed agent? Do you have good credit so maybe you could put a personal guarantee on a loan with a partner? Do you have any money you can put down? Could you sell it yourself to save money? ETC.
Then you need to go and find another person or people with complimenting skill sets and resources. That way, together, you can all make a deal work so that you can flip that property!
Associate Broker, CEO
I grew up in the Real Estate industry. I started by ripping up carpet for turnovers in middle school and have been moving up the ladder ever since.
Now I am ranked in Arizona’s top 10 brokers for real estate sales volume and total asset value sold. I am the go-to broker for large funds, Family Trusts, and select high net-worth individuals.
My newest Real Estate Equity Fund now brings my investors added value through our vertically integrated business model.
For years I’ve bought 30 houses a month cash at market rate. I buy and sell apartment complexes between Phoenix and Tucson. I reposition and rehab large apartment complexes in Arizona.
I helped grow the family property management company from 350 properties to over 1000. This was achieved by creating superior software and marrying that tech with generations of real estate experience.
Robert (Bob) Collopy – am not a CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice.
IF stocks or companies are mentioned, Robert (Bob) Collopy MAY have an ownership interest in them — DO NOT make buying or selling decisions based on Robert (Bob) Collopy’s videos.
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Fort Lowell Realty and Property Management Inc.
3020 E Camelback Rd #255, Phoenix, AZ 85016