Welcome to Foreclosures and Flips.com
 
Foreclosures and Flips|Frequently Asked Questions

Q: How much can I expect to make from flipping houses?

A: If you apply yourself: On a $100,000 property you can expect to make 5%-10% wholesaling (or $5,000-$10,000). On a $100,000 rehab property you can expect to make 20%-25% (or $20,000-$25,000). This is overall net profit after all expenses have been paid.

Q: I have no experience can I still flip houses?

A: Yes, if you study the material and apply the principals in the manual, you will gain the necessary experience.

Q: Do I need to have cash to invest?

A: No, it is not required. For a 'Find/Assign/Flip' you will only need a small deposit to lock up the contract with the sellers. We recommend using as little as $20.00. For a 'Find/Fix/Flip' you will need to find a money partner in order to do a deal without using cash.

Q: Is it difficult to find properties for what you refer to as a: 'Find/Assign/Flip' & 'Find/Fix/Flip'?

A: No, not if you study the manual and apply what you've learned. By utilizing the manual instructions, you will be able to find properties. In-Addition, once you start to build a list of contacts to buy from and sell to (taught in the manual) you will have a repeatable business.

Q: How long will it take to get started?

A: Once you complete the manual you can begin applying the principles.The time frame to actually start doing deals is different for each individual.

Q: Do I receive the manual and bonuses in the mail?

A: No, everything is a downloadable PDF secured file. You can start using the material immediately.

Q: How many pages are in the 'Foreclosures and Flips' manual and bonuses?

A: The manual with the 'REO Appraisal' and 'Money Lender' bonus has 138 pages. The additional bonus books have well over 100 pages as well.




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Foreclosures and Flips
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Lockport, IL 60441

Sincerely,
Jeff Knize, CRA, ICAP member


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