Remove Construction Remove Due diligence Remove Hard money loan Remove Renovation
article thumbnail

3 Things Every Real Estate Investor Should Know

Norada Real Estate

How to Negotiate Deals Due diligence is essential when considering any real estate investment. Some investors like fix-and-flips, some like new and pre-construction, while others invest in distressed properties or foreclosures. Hire a contractor: Hire a reputable contractor to do the repairs and renovations.

article thumbnail

Flipping Houses in New York: 5 Cities to Consider

HomeLight

“Generally, I start from the back — what is the after-repair value (ARV) when the house has been fully renovated? Inflation has had a big impact on renovating a house and that is something flippers have to take into consideration when creating a budget, Wise adds. I determine what is the most I can get out of it.