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How two sisters closed $40 million in 2024 “vibe flipping” LA homes

Housing Wire

They closed nearly $40 million in volume in 2024, vibe flipping luxury homes. They walked us through their exact strategy for building a team, finding homes to renovate and sell and which renovations get the best ROI at the closing table. Claire and Sam OConnor are living your HGTV-inspired rockstar Realtor dream life.

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Portrait of a pre-foreclosure peacemaker

Housing Wire

Although completed foreclosure auctions have plateaued in 2024 at less than half of pre-pandemic levels, the number of delinquent mortgages is close to pre-pandemic levels, according to an Auction.com analysis of public record data from ATTOM Data Solutions and survey data from the Mortgage Bankers Association (MBA). There is a lot of fear.”

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How to Invest in Real Estate: A 7-Step Beginner’s Guide

The Close

While The Close likes to keep our articles short, this topic needs a bit more explanation, but trust us, it will be worth your while. Cash on hand lets you move quickly without worrying about loan or mortgage interest charges. Conventional loans: These can be obtained from a credit union or a bank. Don’t stop reading, though.

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How to Buy a Preforeclosure Home in 9 Steps

The Close

I’ll walk you through everything from figuring out if this strategy suits you to finding listings and ultimately closing the deal on the property. Preforeclosure houses typically occur when a homeowner falls behind on mortgage payments, which results in loan default. What Is a Preforeclosure Property?

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How to Buy a Multifamily Property in 10 Steps

The Close

Multifamily mortgage loans typically require 20% of the property price for a down payment, and there are inevitable maintenance and property management costs. The higher the home’s sale price, the higher your closing costs. Maintenance and management costs are significantly higher, and you will generally need a commercial loan.

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6 Best Fix and Flip Loans in 2025

The Close

When you need to finance a house flip, you need a loan that offers a repayment term that fits your project timeline, can close quickly, and, of course, doesnt have unrealistic eligibility requirements. This also allows it to close in as little as seven days.

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How to Start a House Flipping Business in 7 Steps

The Close

They usually find financing through hard money lenders or loans made just for flipping houses. The two main ways to dive into the house-flipping game are: Hard money loans : These loans offer faster approval and funding times than traditional mortgages. How many houses a year can you flip?