Choosing a home to flip, or flipping a home you already have, is about knowing what projects lie ahead of you. Flipping a home usually involves buying at the right price and knowing what improvements to make. Sometimes your flips may require minimal rehab changes like landscaping, carpets or flooring, paint, changing the filters, and…
Costs to consider when deciding on the right fix and flip loan size. If you’re thinking about starting a home flipping project, few things are more important than seeking the right loan from the right lender. Unlike a normal mortgaged house purchase, a fix and flip project requires you to cover the cost of the…
When you’re looking at investment property, time is money–you don’t want to lose out on a great deal because you can’t get the financing you need quickly enough to close. If you’re in that position, a hard money loan might be the way to secure that property–especially if you’re looking to fix and flip. What…
The real estate climate is different in 2019 than in the last couple of years. We have gone through a time of rising real estate prices, with not enough housing on the market to satisfy the needs of buyers. This translated into fast, competitive sales at higher prices than expected. This surge in quick sales has…
Have you gotten into the booming fix and flip market yet? The year 2019 is predicted to be a “hot” year for the “fix-and-flip” housing market. Before the throes of the housing crash, the flipping business was strong. Many times only requiring a superficial clean up, and spruce up of the property, allowing it to be…
The year is quickly winding down with holiday activities and gift buying on everyone’s mind. For the real estate investor, this is the perfect time to reflect on the accomplishments and lessons learned this year to make 2019 a tremendous success. The real estate story of the year has been the reduced supply of homes…
Over the course of the last 18 months, homes have been trading at what seems like lightning speed. In fact, the majority of homes have been selling in less than 30 days. While that is usually a cause for celebration (flip faster and make more money!), a robust housing market has increased competition which has…
The Mainstream Real Estate Market Typically when buying a home on the real estate market, new or resale homes are purchased by a conventional loan. This works well for a house in average condition without needing major repairs to make it livable. In this scenario, the house is priced according to market value. Comps or comparable values…
Real estate has been on the upswing for seven years which, history tells us, means a market slowdown is coming in the next year or so. Economic indicators back up the “tea-leaf-reading” as interest rates are ticking up, there’s political uncertainty and, although the economy is strong, the sustainability of this growth is the great unknown. So…
Every home flipper’s dream is to find a small mansion that just needs a few touch-ups before it sells for ten times your original buying price. While this would be the rare ideal opportunity for turning a profit on a single project, that is not the true purpose of everyday home flipping. In reality, most…
