Real Estate Blog

Learning how to flip a house for the first time doesn’t have to be complicated!

If you’re looking for a simple step-by-step guide to follow on how to flip a house as a first timer, then you’ve come to the right place!

In this Ultimate Guide, I’m going to show you everything you need to know when it comes to learning how to flip a house for profit.

You’ll even learn how to flip a house without using your own money, with bad credit, and even with no credit. 

I completed my first house flip at the young age of 20 years old, and I’m no genius. If I can do this, then so can you!

Ready to get started? Let’s dive right into this simple, step-by-step tutorial for how to flip a house.

Enjoy The Ultimate Guide On How To Flip A House For The First Time!

(Click below to jump to any section of your choosing)

• 1. What Does It Mean To Flip A House?
• 2. Do You Need A Real Estate License To Flip Houses?
• 3. How To Flip A House For The First Time (6...

Private money lenders play a crucial role in the modern real estate industry.  But, who are they?  How do you find private money lenders?  How do you get a private money lender to give you a loan for purchasing a real estate investment property?   These are some of the questions that this article answers!

What is a Private Money Lender?

A private money lender is an individual or entity that issues loans secured by a trust deed and note to fund a real estate deal or transaction.  Generally, private money lenders are relationship-based lenders.  These are non-institutional lenders that provide short-term loans for the purchase of investment properties.  An investor can also get a rehab loan from a private money lender.

A real estate investment deal is incomplete without money.  As a professional real estate investor, you should always be actively looking for ways to bring in private money lenders to fund real estate investments and tie up...

How do you get money for real estate deals if traditional mortgage lenders do not work for your situation?  Consider getting a hard money loan to financing your next house flip, or other type real estate deal!  Learn all about hard money lending right now in this article!

What Is A Hard Money Loan?

A hard money loan is an asset-based loan and one of the options to consider when traditional lenders won’t finance your real estate deals.

A major factor that may affect your traditional loan approval is your income and credit history.  Lenders prefer candidates with a reputable loan repayment history.  That’s because repayment history demonstrates the ability of the consumer to repay a loan.

However, it’s apparent that having an income and an impressive credit score is not necessary a guarantee for loan approval.  Traditional loans have an invasive process and their approval takes a lot of time.  On the other hand, hard money lenders...