Does a Real Estate Investor Need Good Credit to Get a Fix-and-Flip Loan?

If you are a fix-and-flip investor seeking additional capital to begin your next house flip, you may be considering a fix-and-flip loan from a private hard money lender—and you might be wondering how your credit history could impact your loan approval. If you have ever applied for a conventional mortgage, you know that a bank's decision …

Correctly Estimating Your Fix-and-Flip Renovation Budget

So, you’ve found a great distressed property priced below retail, and based on your estimated ARV, it looks like the deal might have a healthy profit margin. But before you can make a decision about paying the asking price for your fix-and-flip property, you’ll want to know what upgrades and repairs are required to make …

My House Flip Isn’t Selling: Now What?

It is a fix-and-flip investor’s worst nightmare. You discover a great distressed property, compare it to local neighborhood comps, calculate that there is plenty of profit between project costs and ARV, buy the property, renovate it, upgrade the landscaping and list your fix-and-flip masterpiece on the MLS. But, you’re not getting any offers. Weeks go …

How Much Should I Spend Staging My House Flip?

If you are at the point in your fix-and-flip project where you need to decide how much to spend on staging…congratulations! You have no doubt worked hard to find, buy and renovate your fix-and-flip investment property–now you just have to get it sold. Is staging my flipped house really necessary? In a recent Real Estate …

How to Find a Fix-and-Flip Investment Property Using Court Records

Are you a fix-and-flip investor who is finding that MLS-listed investment properties in your market are selling at a price point too high for you to make adequate profit? If the answer is yes, you may want to consider researching local public records to find viable leads to off-market fix-and-flip property deals. Your local newspapers …

Finding Fix-and-Flip Deals: Does Driving for Dollars Make Sense?

Driving for fix-and-flip dollars is exactly what it sounds like—driving through targeted neighborhoods looking for a property that could be a lucrative fix-and-flip project.  To drive for dollars, the fix-and-flip investor (or their hired scout) visits a specific area of town, driving up one street and down the next, looking for a property that appears …

How Much Should I Spend on Landscaping My Fix-and-Flip Investment Property?

When you are deciding how much to spend on landscaping for your fix-and-flip investment property, keep in mind that a negative first impression can keep your renovated property from attracting buyers. Potential buyers need to be able to imagine themselves coming home every day to your flipped house, so it’s critical that your property has …

The Fix-and-Flip Property I’m Buying is Occupied: What Are My Options?

If you are purchasing an occupied fix-and-flip property, it is critical that you know the legal occupancy status of the tenants, and plan a fair and timely exit strategy for them. Occupancy issues can drag on for months, and legal and holding costs can eat away at your house flip profits while you wait to …

Fix-and-Flip Investor Networking: 5 Reasons You Should Join an Investors Group

If you are a regular watcher of the many house flipping TV shows that have become popular over the years, you’ve witnessed countless episodes where a successful fix-and-flip investor finds a distressed property at a great price, renovates the property within a few weeks, then hosts one super successful open house and sells their gorgeously …

Maximize Your Fix-and-Flip Property’s ROI with These Top 5 Upgrades

If you have the great fortune to purchase a fix-and-flip property at a good price, with a generous margin between what you pay for the property and what the property can sell for after renovations, nothing else can derail the success of your house flip like making the wrong decisions about upgrades. Before you buy …