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Need critique for flipping on the Facebook marketplace
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Never flipped in my life, but had this idea while browsing the Facebook marketplace. Need input on how realistic it is, legal, etc. I found a 5 bedroom house for rent in my area for around 4,000. Could I possibly find 5 people to rent the house, and have them pay 2k each to me? Meaning I would get 10k then pay the 4,000 to the landlord every month leaving me with 6k in profit? Obviously a risk that the people don’t pay me, but in theory would this work?
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- 3 years ago
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