I've always thought about doing it later down the line...

Was there a big startup cost? Did you hire someone or do the work yourself? Was it a foreclosure? Did you work with a real estate agent? About how much did you make on the first house?

I could probably ask 20 more questions, but I'll stop there since I am in no way prepared to do something like this anytime soon! :)

Also, I don't want to go to one of those Flipping Homes seminars where you end up paying them an end buyers fee for your investments. Sounds like a sham...

@sweeterthejuic3: my grandpa been buyin houses fixin em up and sellin em fer years first find a house that not in best shape yet still not quite ready fer bull dozer then u go to bank take out a loan then start with fixing all the damages you find do a complete remodel. putt add in paper to rent it out let the rent money pay for the loan after loan paid off sell it contract for deed but in doing this you need to find a damn good contractor to work with but this will take time and a LOT of money

@Donnie1987: Something to think about! Thanks Donnie!

@sweeterthejuic3: you'd have to be really really strong to flip a house sweeter, i'm scared of you now.... ;) Jk

I only have super strength when I'm a werewolf. And I'm only a werewolf during full moons. RAWRRR LOL!

@sweeterthejuic3: no problem

And if u rent be wary of who u rent to don't rent to first person with cash in hand and don't get greedy with how much rent u charge

you can make a little money if you can buy the house right and do the work your self .i found the best way to buy a house is find someone whe will owner finance.that way you have no intrest involved and when you get ready to sell you only have one closing cost and that is passed on to the therd party and if some thing does go wrong you dont lose that much.me i have a counstruction company and did it qwit ofton but you wont make a lot of money.more of a tax wright off.and a lot o head acke

@conan1957: Well that doesn't sound that fun, thanks for your reply! :)