How I evolved my flipping properties business... for the better!
By Michael Sarracini
Most people flip properties to make money. For example, some investors will flip three properties and hold one, flip three more and hold one, etc... And what that means is going through the qualification process, which is a pain in the butt, completing a renovation (also a pain in the butt), and filling the property with tenants.
That's a lot of hard work - and now you're going to sell it?!!
That's YOUR sweat equity! Why not keep it FOREVER!?
How about this? You buy a property, add value, and then refinance for up to 80% LTV, aka "Flip to Yourself". This way you keep the property and earn rental income forever and you can continue to reuse your capital. Brilliant!
Check out this clip from when Jas Tahkar (from REC) and I sat down to talk about real estate.
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About the Author
Michael Sarracini
Michael Sarracini is an expert on creating lifestyle freedom through entrepreneurship and real estate investing. He’s an award-winning entrepreneur, speaker, author and TV celebrity. Michael is the co-founder and CEO of Keyspire.
MEET THE MASTERMINDS BEHIND KEYSPIRE
Scott McGillivray and Michael Sarracini
Both accomplished real estate investors for almost 20 years, now they have unleashed their personal team of Experts, Coaches and Mentors to train you to achieve your highest level of success.
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