Realtor.com

JANUARY 27, 2021

The truth is that flipping a house is rife with challenges, from financial setbacks to breakdowns in communication with your construction crew. So how can house-flipping newbies compete today? Build a buffer into your renovation budget. Lyon agrees: “Focus on value-add renovations and amenities.

House Flipping 130

House Flipping Renovation Construction Investor 130

Realty Biz

JUNE 25, 2023

Those who have a house they've been paying off for years accumulate equity, which can be used as a part of your portfolio. A HELOC is a special type of loan exclusive to homeowners, which functions quite similarly to a personal loan. But with house flipping, that may not always be the case.

House Flipping 102

House Flipping New Construction Equity Construction 102

HomeLight

MARCH 13, 2023

New construction surge contributing to competition for buyers. Competition from house-flip companies. They may want to avoid the 6% interest rate of a loan by buying with cash. No pre-qualifying for a loan. According to data from Ellie Mae, purchase loans take an average of 50 days to close.

Sales 68

Sales Investor House Flipping Pre-approval 68

Marco Santarelli

SEPTEMBER 7, 2021

You need to find markets that are in the phase of expansion – where sales and prices are rising, affordability is good, construction is low and capital investment is rising. Peak new construction tends to occur past peak housing demand, which ultimately leads to temporary oversupply and lower prices.

Investor 111

Investor Bankruptcy Renovation Industrial 111

Realtor.com

NOVEMBER 22, 2022

mortgage rate on a 30-year fixed-rate loan, would need to earn about $1,800 a month to cover the investment. More new construction and more homes sitting longer on the market have given local inventory a boost. It needs some renovation, to be sure, and it’s listed for a cool million dollars.

Investor 95

Investor Mortgages As-is Finance 95