Updated about 5 years ago on . Most recent reply
Fix and fliping for newbies
When fixing and flipping, what should you put down for payment 30% or do you do 100%...
I have analysed a few flips in Las Vegas where I live and not sure if you should put 100% down or should you do like rentals and put 25 to 30%.
After watching HDTV show it looks like they put 100% down on their fixing clips in by the properties at there asking price
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Greg Dickerson
#2 Land & New Construction Contributor
#2 Land & New Construction Contributor
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Greg Dickerson#2 Land & New Construction Contributor
#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
@Jordan Autrey it all depends on your goals and your cash position.
For flips some people pay cash and use their own funds others put as little down as possible and borrow as much as they can.
For rentals the same applies.