Flipping Idea.
I bought a rehab property for 30k in Columbus Ohio 1 year ago (2000+ sq ft, 3bed 1 1/2 bath, attic and basement) I recently received some comps and similar sq ft houses with 3-4 bed and 2 bath are being sold for $100,000-$170000.
I was recently laid off and was wondering other than a loan or borrowing from someone, how can I finance the rehab ?
I am considering flipping given the recent comps. I've been doing a lot of research about the 70% rule etc but I am still confused, any suggestions what topic or forum would be best for me to research ?
Thanks guys