Your Guide For How To Flip Houses With No Money and No Experience
The volatility of the housing market is something news media outlets and our society at large like to toss around like a yo-yo, scaring off potential new investors. But we’re here to tell you that it doesn’t matter what the housing market is doing. Ever. It doesn’t matter if house prices are up, down, or plateaued - when you know how to play the market to your advantage. One of those advantages is house flipping. Welcome to your housing market advantage!
Most investors choose to flip a house when they don’t want to hold a deal or use it as a rental property. But unlike HGTV would have you believe, it’s not all mallet-smashing, choosing tile, and dramatic before and afters.
There is a mountain of information you need to understand and know how to leverage before you ever sign a check or swing a hammer. The foundation of every investment starts with what we call the Four Rules of Flipping.
At TRE, we have never lost money on a deal following these four rules – we’ve closed a TON of deals, collectively worth multiple millions of dollars
And we do it every single day.
At TRE, we have never lost money on a deal following these four rules – we’ve closed a TON of deals, collectively worth multiple millions of dollars
And we do it every single day.
Far more flexible and more invested in the success of your business, private money lenders are the top choice for house-flipping financing. This could be capital investors or friends and family money. Check your local area for investing groups and entrepreneur societies that may be looking for investment opportunities.
This is another one of our favorite financing strategies. Hard money loans are asset-based loans that leverage the project property as collateral. They make money when you make money, or they secure the property if you don’t.
A HELOC opens a second mortgage from traditional financing sources based on the equity you’ve accumulated with your home as collateral. This is one of the more risky strategies and isn’t necessarily recommended for beginner real estate investors.
Instead of securing a loan, simply make payments to the property owner. They will carry the loan on your behalf and receive monthly payments instead of a lump sum. This arrangement requires no credit check, down payment, or closing costs.
Wholesaling is a contractual agreement between you and the seller for a specified price and terms. As the wholesaler, you will then sell that contract to an investor who will handle the rest of the project with or without you. This is a strong strategy to build up funds if you want to finance your own project.
A clear and practical roadmap that leads you straight from where you are now…
…And helped you arrive at the finish line, equipped with every tool and trick you need to be successful?
…Operating your new flipping business with ease, having bypassed all the common pitfalls?
…Successful not just for THIS deal, but EVERY DEAL AFTER?
That’s what we’re up to inside House Flipping Made Easy!
01
Master Our 4 Rules Of Flipping
02
Find Great Deals
03
Identify A Good Flipping Market
04
Identify A Great Deal
05
Make Money With Our Signature Flip Formula
06
Find Motivated Sellers
07
Create And Manage Winning Contracts And Close Deals
08
Make Money With Our Signature Flip Formula
09
Secure Financing From A Variety Of Sources
10
Market Your Listing
11
Sell Your Listing For Top Dollar
12
Sell Your Listing For Top Dollar
Build A Great Team
You need a reliable support system of contractors, lenders, agents, and investors who are deal-ready and willing to work with tight deadlines and budgets.
Find Great Deals (And Bad Ones Too)
We’ve talked about looking for distressed properties, but what does that mean? We’ll dig into how to find properties in foreclosure or with tax liens and close a quick, profitable flip that won’t drain your time and funding.
Find Great Financing
We’ll cover some of our favorite ways to finance a deal without bothering with conventional financing.
Negotiate With Sellers
Once you have a home in your sights, it’s time to put the deal on the table. The deal has to work for you, for the seller and fit within your flipping process.
Here’s How It Went For
House flipping isn’t simple. It isn’t fast. And it isn’t for everyone.
But if you want to be set up to succeed from day one, start from the right place.
Our exhaustive House Flipping Made Easy curriculum incorporates a complete database of all the knowledge you need to start flipping houses.
If you’ve been toying with the idea of living the life of a house flipper or you want to create a revenue stream that launches your future and builds generational wealth, don’t start by Googling house listings.
Start here. Skip the roadblocks. Take these practical steps. And go flip a house!
Who We Are
Absolutely! Especially when you follow the four rules of flipping houses:
This rule refers to what you should pay for a property flip. You shouldn’t pay more than 70% of the ARV after renovations.
Your time should be spent implementing what you learn, not stuck in class. Each module has been broken down into deeply practical, bite-sized lessons so you can go at your own pace and get to work. Here’s a peek at the complete list of course modules: