Thanks guy for the help. Flipping has always been the most interesting way to make money for me, and I’m considering doing it one day, just wanted to make sure.
Thanks.
I’ve been trying to understand it, you basically buy a hose that costs you $0, they sign the deed over to you, so you own the house instantaniously (sp?), but you don’t assume the loan/mortgage.
You still pay them, through the rent you are given.