Cash Reserves for Flipping Houses
Don't cut yourself short on cash reserves when flipping houses or that asset property can actually become a liability.
A lot can come up when flipping houses, raising your budget. Make sure you can cover any fees or extra expenses that may come up before getting started on a project. You don't want to have to "beg, borrow and steal" in order to complete a flip because you don't have enough in your reserve to cover all expenses.