How to buy my first home? HELP!?
I've been doing research on buying homes. I've never bought a home before. I have about $30,000 saved up to buy a house. I want to invest my money to buy a home, remodel it so I can sell for a higher price. I believe the term is I want to "flip" a house. I've been researching for the past few days. I'm really confused. I need "buying houses for dummies", lol. And yes, I know I have to wait at least six months before reselling. I'm very patient. I can wait years for the market to increase the selling price. I'm in no hurry to sell, but I AM in a hurry to buy. Any advice, web links, phone numbers or anything at all would be great. THANKS!
When I was looking for my first house to flip, I contacted renovation experts (they offer free remodeling price estimates) and one of them ended saving me a lot of money because turns out the remodeling that house needed was too much to make a profit on the house.
What you need to do is start looking at houses, write what you see on a piece of paper, and then contact contractors so you will know what you are getting yourself into. Here is the link I used: http://best-offers-online.com/estimates
Good luck!
One Minute Flipping Houses for Dummies
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