The Real Estate Wholesaler primarily performs the search for properties that can be sold to the investor for rehab and sale at market value. The wholesaler will locate a “distressed” house and contact the seller about purchasing it. basically you are the middle man. The plan is to get the seller to agree to a … Read more
One of the most common methods to fund a fix and flip project is to request a short term hard money loan. The professional house flipper is looking for short term capital to buy, rehab and sell the property quickly. This type of lender fulfills this need as they are most interested in a secure … Read more
The saying goes “you need money to make money”, fortunately that’s not really true in real estate. It sounds like a good idea to use your own money to buy, rehab and sell a house. You handle 100% of the price and repair costs and when the house sells you get 100% of the profits. … Read more
Selling a single family home is not an easy process and can be very slow and confusing the first time around. There are so many things to consider when preparing the home to be sold as well as how you will attract buyers quickly. The buyer will visit looking for a number of different requirements … Read more
The books, videos and seminars make it sound so easy to fix and flip a single family home for a big profit. It seems there is always a middle class dressed professional marketer telling us how easy and fun it is to purchase property and turn it into a profitable business. With my research I … Read more
Flipping a house is buying the property for the lowest possible price, repairing and selling it a profit in a short amount of time. Careful consideration needs to be applied to finding and pricing the property and repairs so a profit can be made. Is it all talk and made up television shows or can … Read more
The curb appeal is the first impression a buyer gets when pulling up and parking in front the house. This includes the house exterior, the front yard, the porch, driveway and possibly the garage too. The art of curb appeal is less complex than most people have considered. Small changes to the look and feel … Read more
At some point the real estate flipper will arrive at a time to “flip” or sell the property and complete the project. There is something to be said about FSBO or “for sale by owner” and handling the process yourself but in order to complete a successful flip quickly and efficiently, a selling agent is … Read more
When looking for details on how to flip a house it occurred to me that there must be a list of things that the experienced flipper will avoid. This is the type of repairs or damage that can be too costly or financially involved and should be avoided when looking for a profitable flip. Experienced … Read more
Flippers who are just starting out or inexperienced flippers may struggle with securing funding for their first purchase especially if they are unable to apply for credit, have bad credit, cannot apply for short term loans and do not have a large income to accommodate. Flipping a house requires money to purchase the home, pay … Read more