How Do You Make A Budget For Flipping A House

When you plan to flip a new-construction dwelling, the process is similar as for those who have been buying the house to stay in. You have to pay for the mortgage, insurance, tax, realtor and lawyer. However in case you are buying an older house that needs work, you have got so as to add in the renovations to your finances. Consultants recommend that no matter you last estimate is, you should add 20 percent to that to cowl any unexpected bills.

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