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 Is this a good time to flip houses canada?

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vsharma72



Posts : 6
Join date : 2010-08-27

PostSubject: Is this a good time to flip houses canada?    Fri Aug 27, 2010 12:42 pm


If you have the time and the capital to invest in buying property, fixing it up, and reselling it at a higher price, then yes, now is the perfect time to flip a house anywhere. Interest rates are at an all time low so you can lock in on low rate mortgages and possibly even no money down mortgages. If you intend to flip the house quickly then you would be able to cash flow money off your first sale to finance your second sale and you should be well on your way


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