10 mistakes that made flipping go wrong

[luv2flip]

1.Using 'liar loans'

2.Overpaying

3.Lacking cash

4.Quitting your day job

5.Hiring an unlicensed contractor

6.Buying sight-unseen

7.Buying out of state

8.Buying too many properties too fast

9.Underestimating remodeling costs

10.Having a poor exit strategy