Updated over 10 years ago on . Most recent reply
Flipping help needed
Hello bp users I had a quick question for you regarding flipping I'm confused about the sales of the property for example if i have a property owner occupied with a conventional loan with 5 percent down and I've stayed for 3 months and I am not ready to sell it when I actually get it sold for my inflated prices how do I actually make my profit of the banks mortgage on the property had interest associated with it ... Would the property gain margin really be that big .... How do those flippers make such big money with mortgages on the property's