Construction Loans Defined

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Financing Flipping Houses

I have written about construction loans more than a few times when discussing financing flipping houses. It is an excellent way to buy investment property that needs work, rehab it, and do it all with the bank’s money. The Property Pundit wrote an excellent post describing what a construction loan is and how to use it. I encourage anyone interested in flipping houses to read it and become familiar with construction loans for rehabs.

Scott Ficek is a Realtor with Keller Williams Integrity in Minneapolis and helps new and seasoned investors buy and own Minnesota investment property. He owns and manages almost 30 investment property units from single family to multi-family. Find his website at www.minnesotainvestmentrealestate.com or receive his blog via your RSS Feed or in your Email.

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