Best Flip Buys

FHA Loan Secrets!
SELL THE "WORST" HOME
IN THE "BEST" NEIGHBORHOOD:Use the money for virtually anything carpet,drapes,appliances,room additions etc.
Recieve half of the money at the "close of escrow" and the other half when the repairs are completed
Hire a contractor or do the work yourself!!
FOLLOW THE EASY 6 STEP PROCESS
Buyer locates property.
Buyer creates a list improvements and schedules an inspection with a cost FHA approved "cost consultant".
Cost Consultant and Buyer prepares contactor bid package to obtain cost estimates.
Appraiser visits properties to determine "as is" value and the "improved future value". (The loan amount is based on the "improved" value)
Loan funds...escrow closes and funds are disbursed.
Construction must begin within 30 days and finish within 180 days