When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
Sometimes you can find a nice sized foreclosure home with a lot for not too much. My buddy paid his way through college after he flipped a $30,000 foreclosure into a $200,000 house with a big lot.
Well, the meet and greet went well. The market is crazy right now. Houses are listing and selling the same day. We set our parameters to $150,000 to $220,000, no condos. There are 58 homes in our area. Looked at every single listing and found nothing of interest.
Also set up a list for lots. There are almost 250 between $15,000 and $35,000. I already know a lot of them are crap. Now the work begins!
The hardest part with those cheap houses to flip is finding one that is still decent and not on the verge of falling over in a strong gust.
The big problem is that since the economy flopped, everyone thinks they can flip houses and vehicles, find antiques in people's barns, part out cars, bikes, sleds and everything else dramatized on TV.
How could he be on his second set of studs, they do not go bad. having the gaskets torqued incorrectly will make the gaskets go bad. The studs can be reused.