Owning a home | Homeownership 101

Refinancing your mortgage is a big step. By working with a trusted lender, knowing what to expect and having the documentation you need ahead of time, the process will go smoothly.

The goal is to buy an inexpensive property — typically one at auction or in need of renovation — make updates to increase its value, then rent it out or resell it quickly for a profit. How long it takes depends on the extent of the repairs you're tackling. Here are some tips for effective house flipping.

Knowing how you'll pay for your renovation costs is the first step to creating your beautiful new bathroom.