No Money Down Arizona Fix and Flip Loans: Advice for New Investors
If you are new to be flipping business, you may have heard the prospect of no money down Arizona Fix and Flip Loans . You may be thinking "hmmm, I can get into the flipping business without spending any of my own money, well sign me up!" You can use three methods to pay nothing out of pocket for your next flipping project, wholesaling, private money and hard money . Let's talk about wholesaling first. The Easiest way to explain the process is you sell the option to purchase the house to another investor. You don't spend any money; you secure a purchase contract with a buyer and before the date on the purchase contract comes around you sell off the option to purchase the home to another investor. Wholesaling is not a good option for someone who is new to the rehab business. A good wholesaler knows how to find the most attractive houses to flip, can compete with full cash offers to secure a bid and above all, they are in contact with a network of other real estate ...