Fancy Pants Homes

MAY 10, 2021

Maybe you saw a reality TV show where a segment about house flipping was featured and you suddenly said to yourself, ‘Hey, I can do that!’ Or perhaps you’ve been successful at flipping a property once and, as a result, your friends and family are now trying to convince you to take a bigger bite out of the real estate pie.

House Flipping 52

House Flipping Hard money loan Renovation Finance 52

Fancy Pants Homes

MAY 10, 2021

Maybe you saw a reality TV show where a segment about house flipping was featured and you suddenly said to yourself, ‘Hey, I can do that!’ Or perhaps you’ve been successful at flipping a property once and, as a result, your friends and family are now trying to convince you to take a bigger bite out of the real estate pie.

House Flipping 52

House Flipping Hard money loan Renovation Finance 52

HomeLight

MARCH 10, 2023

If you are considering flipping houses in NY, HomeLight always encourages you to reach out to an advisor regarding your own situation. But a house-flipping venture is not for the faint of heart. Flipping takes a lot of money, know-how, manpower, and planning to be successful.

House Flipping 87

House Flipping Renovation Investor Finance 87

Marco Santarelli

SEPTEMBER 6, 2020

Lending money through the crowdfunding site eliminates the need to have a detailed contract with the borrower or having an equity stake in the property itself. Many people get involved in house flipping to make more money because it seems straightforward. Buy a run-down house, make repairs, fix it up, and sell it for a profit.

Lending 135

Lending Loans Investor Branding 135

HomeLight

JANUARY 4, 2022

House flippers typically buy homes for cash as-is at a sharply discounted rate, with the intent to make improvements and repairs and then resell the property at a profit. One of the most well-known house-flipping companies is the “ We Buy Ugly Houses ”® franchise. Buyers who re-invested their equity.

Investor 98

Investor Finance Inspection Sales 98

HomeLight

MARCH 21, 2022

Not all sellers have the time or budget for hefty renovations necessary for a proper listing, and that’s OK. House flippers look for specific improvements to boost equity, such as cosmetic updates, mechanical repairs, an addition, or a change to the layout. Example house flipping companies: HomeVestors / We Buy Ugly Houses.

Closing costs 94

Closing costs Home sale contingency Investor Closing 94

HomeLight

JANUARY 28, 2022

We buy houses” companies are flippers who purchase properties “as is” for cash and renovate them, generating a profit at resale. How do ‘we buy houses’ companies work? These investors purchase a house in poor condition “as is” for less than market value (generally between 50% to 70%). You’ll get a cash offer.

Purchase and sale agreement 108

Purchase and sale agreement Investor Agents Sales 108