article thumbnail

A Complete Guide to Flipping Houses

Fancy Pants Homes

Do you find a lender to fund it, or should you get a hard money loan ? Hard money loans are becoming increasingly popular as they allow real estate investors to be more flexible when it comes to loan terms and risk assessment. Final thoughts.

article thumbnail

A Complete Guide to Flipping Houses

Fancy Pants Homes

Do you find a lender to fund it, or should you get a hard money loan ? Hard money loans are becoming increasingly popular as they allow real estate investors to be more flexible when it comes to loan terms and risk assessment. Final thoughts.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 Benefits of Pre-Purchasing A Flipped Home | CT Homes

CT Homes

Since they financed the fix-and-flip with a hard money loan, they’re on a time crunch to get the property sold, and they’re not willing to drag out the sale with multiple appraisals. That also means they’re less friendly to buyers who are using FHA loans because FHA loans require multiple appraisals.

article thumbnail

4 Benefits of Pre-Purchasing A Flipped Home | CT Homes

CT Homes

Since they financed the fix-and-flip with a hard money loan, they’re on a time crunch to get the property sold, and they’re not willing to drag out the sale with multiple appraisals. That also means they’re less friendly to buyers who are using FHA loans because FHA loans require multiple appraisals.

article thumbnail

4 Benefits of Pre-Purchasing A Flipped Home | CT Homes

CT Homes

Since they financed the fix-and-flip with a hard money loan, they’re on a time crunch to get the property sold, and they’re not willing to drag out the sale with multiple appraisals. That also means they’re less friendly to buyers who are using FHA loans because FHA loans require multiple appraisals.

article thumbnail

How do Foreclosure Auctions Work? How to Find Properties, Research, and Bid

HomeLight

Durham says that in Georgia, foreclosures must be advertised for four weeks leading up to the sale. “If With online foreclosure auctions, you submit your offer digitally during a designated day and time. You’re not spending any money into it until after you’re under contract and based on your inspection.”.

article thumbnail

Flipping Houses in Texas: 5 Cities to Consider

HomeLight

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. List too high and it might sit on the market for too long, too low and you could be leaving money on the table. “I The second one is hardware and fixtures.