Flipping and Rehabbing

[India Brown]

I would like buy a house for cheap, fix it up and little and sell it. However, I dont know much about fixing up homes.. i know it’s best for me to hire people that are good with that.. anybody started out this way as well? Did this hinder you in anyway?

Am I just tell the contractor what needs to be done and he will go from there?

[Jonathan Greene]

Whatever you are thinking about, don't do it. It's clear from your post that you don't have the background knowledge (yet) to embark on a house flipping project. If you are interested in flipping a house, you need to read and learn and see flips in action because if not, you will turn over all decision-making to a contractor you don't know well and every second your profit will disappear. Do you have a background in real estate? Do you know how to find deals off the MLS or on? Do you have an investor-friendly agent who can help you find a good deal? Have you ever rehabbed a property and are you familiar with what certain renovation aspects cost? These are just some questions to ask yourself.