How to Estimate the ARV of your Fix-and-Flip Property by Analyzing Local Comps

Comparable properties (“comps”) are homes in the vicinity of your fix-and-flip property that were sold in the past three months. Analyzing local comps will give you an idea of what buyers are looking for and what they might be willing to pay for your property after you have made all of your planned improvements. What …

What is Fix-and-Flip Financing and Why Should You Consider It?

Fix-and-flip financing (hard money loans) are simply a short-term loan secured by real estate. Sometimes referred to as “private money,” these loans are funded by private investors (or a fund of investors) as opposed to funds available from conventional lenders such as banks or credit unions.  They typically feature higher interest rates compared to longer-term …