Tag: Flipping

Posted on 10/31/2021
Choosing the Right Property to Flip
Photo by Jonny Lindner via Pixabay Making a flip profitable starts with one straightforward requirement: find a great deal. These tips are straightforward but crucial if you want to nail your first flip or your tenth. 1. Spread the Word that You're In The Market By this point you should have a rock star team nailed down--a few...
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Posted on 09/12/2021
House Flipping Loans: Key Factors to Keep in Mind
Photo by Karolina Grabowska from Pexels The golden rule of house flipping states that entrepreneurs should never pay over 70% of a property’s value after subtracting the cost of renovations and associated fees. Known as the “70 Percent Rule,” it sets a standard for improving the chances of turning a profit even if unexpected financial challenges arise. Few...
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Posted on 04/11/2021
Will Lenders Offer Loans for House-Flipping? It Is Possible
Image by Kevin Schneider from Pixabay Some people just have an entrepreneurial spirit and a willingness to roll up their sleeves and get things done. But more than a few people feel restrained from maximizing their business potential because they don’t seem to have enough cash on hand. The good news is that you don’t necessarily need deep...
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Posted on 12/06/2020
5 Steps to Flipping Your First House
Photo by Skitterphoto from Pexels House flipping has been made particularly trendy in recent years, in part due to the popularity of shows like Flip or Flop and Property Brothers. If the trend has caught your eye as well, here’s an overview of the steps you’ll need to take to get the job done right. 1. Know Your...
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