Using debt in the process skyrockets your chance of losing money if there’s a hiccup in your plans. Trying to sell a flipped house for more money than you invested in it is already a risk-even with cash. No debt to hold you back. Most importantly, doing any kind of “investment” with debt is a dumb plan.If you can’t get the house sold, you’re likely to lower your price and cut your profit. Cash-only house flippers can wait out a slow market because they don’t have interest payments piling up against them each day it doesn’t sell.
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