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Flip Thy House The House Flipping Bible

About Flip Thy House

This site is a hands-on look at the world of house flipping and real estate investing as a whole. Follow along as I delve into the world of flipping houses, home renovations, managing rental properties, wholesaling, short sales, and other REI topics.

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Current and Past Projects

The Creek House
Purchased: 03/2009
Purchase price: $38,000
Status: Currently renovating

The Larry House
Purchased: 02/2009
Purchase price: $6,700
Status: Waiting for tax deed sale redemption period to expire on 09/2009 before renovating

The Wee House
Purchased: 12/2008
Purchase price: $9,500
Status: Renovated and rented at $525/month

The Stuck in the '50s House
Purchased: 10/2007
Purchase price: $84,000
Status: Renovated and sold on 06/2008
Profit/loss: +$18,500

The Tattoo Parlor House
Purchased: 3/2007
Purchase price: $60,000
Status: Renovated and rented at $850/month

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Real Estate Glossary

Below you’ll find links to definitions and information about a variety of real estate investing terms, including things such as short sales, hard money loans, simultaneous closings, reverse mortgages, 80/20 financing, and other seemingly exotic terms that are actually pretty simple and easy to understand.

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