HomeLight

AUGUST 16, 2021

“One of the best lessons I have learned over the years from other investors is that you don’t find deals, you make them,” explains Mark Motes, a real estate investor at Mark Buys Houses , who buys fixer-upper properties in the Birmingham, Alabama, market with a team of local experts. There is never a perfect investment situation.

Banks 104

Banks Pre-qualification Investor Short sale 104

HomeLight

MARCH 30, 2022

Whether you’re an investor looking for a speedy sale so you can move on to your next deal or a homeowner trying to unload a property quickly to avoid financial strain, you’re in search of real estate cash buyers to purchase your house without a lengthy or uncertain process. Keep it simple with HomeLight’s Simple Sale platform.

Sales 95

Sales Investor Renovation Due diligence 95

HomeLight

AUGUST 24, 2022

Closing dates are set at the seller’s discretion, and they can have cash in hand within 7 days. Closing costs: No closing fees for sellers. Simple Sale , a solution from HomeLight, is an online platform where sellers in New Jersey (and across the country) can request a cash offer for their home.

Closing costs 77

Closing costs Purchase and sale agreement Closing Staging 77

HomeLight

APRIL 29, 2022

Graham says he frequently calculates the after-repair value (or ARV) of an as-is sale to arrive at a list price. Investors typically offer no more than 70% of a property’s ARV for a house they plan to flip. So if a property needs repairs, subtract those estimated costs from that 70%. Look for an agent who: Understands investors.

As-is 70

As-is Purchase and sale agreement Investor Inspection 70

HomeLight

JULY 31, 2021

— turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. The main method is to request a cash offer from an investor or cash-buying company that will likely purchase your home “as is.” says Andy Kolodgie , a real estate investor in Washington, D.C.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

MARCH 10, 2023

Investors and individuals are drawn to house flipping in the state of New York because it can be creatively satisfying as well as a very lucrative venture, with flippers earning an average profit of $56,400 in the Empire State. Wise says most of the investors in his area are looking for a 15%-20% profit.

House Flipping 88

House Flipping Renovation Investor Finance 88

The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. If you want to work with real estate investor clients, read our own Sean Moudry’s simple, yet thorough run down: “ How to Explain 1031 Exchange Rules to Your Clients.” Closing costs.

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97