Remove Due diligence Remove Earnest money deposit Remove Equity Remove Renovation
article thumbnail

Real Estate Investing for Beginners: Expert Tips for Buying Your First Investment Property

Redfin

From relationship building to conducting due diligence, you’ll be equipped with the knowledge and strategies to enter the world of real estate investing and buy your first investment property with ease. Let’s get started! ” 8.

article thumbnail

Buying a Foreclosure at a Home Auction? Here’s How Much You’ll Probably Spend

HomeLight

But, as we’ll discuss below, the home’s current condition might set it apart from other comparable homes in the area, dragging its value down until it’s been renovated or repaired.). A home equity loan or line of credit. A lien due to unpaid taxes. A lien due to unpaid HOA (homeowners association) costs.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

They sign the lease just a couple of weeks after the home is renovated and ready for occupancy. He routinely works with multiple crews of contractors so he completes renovations at a lower cost and with fewer headaches than most homeowners. You’ll get speed and convenience in exchange for some of the property’s equity,” says Naumann.

Sales 66
article thumbnail

How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

Value-add is the process of remodeling a home or complex to increase the value and add equity,” Shipwash explains. “In They can purchase a property at a discount, providing value through a quick sale to the owner, and leverage their funds and expertise toward a profitable renovation. In need of renovations or updates.