HomeLight
MARCH 10, 2023
If you are considering flipping houses in NY, HomeLight always encourages you to reach out to an advisor regarding your own situation. But a house-flipping venture is not for the faint of heart. Flipping takes a lot of money, know-how, manpower, and planning to be successful.
HomeLight
JANUARY 4, 2022
While that still happens in scenarios where a seller can’t afford repairs or is facing serious issues with a property, cash sales have expanded beyond the distressed homes market, as sellers benefit from new technologies, instant sale platforms , and a competitive housing environment that has increased the percentage of cash offers.
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Marco Santarelli
SEPTEMBER 6, 2020
Lending money through the crowdfunding site eliminates the need to have a detailed contract with the borrower or having an equity stake in the property itself. Many people get involved in house flipping to make more money because it seems straightforward. Buy a run-down house, make repairs, fix it up, and sell it for a profit.
HomeLight
MARCH 21, 2022
House flippers look for specific improvements to boost equity, such as cosmetic updates, mechanical repairs, an addition, or a change to the layout. Example house flipping companies: HomeVestors / We Buy Ugly Houses. Buy-and-hold companies purchase houses with the intention of renting them to tenants for a profit.
Marco Santarelli
AUGUST 17, 2020
As a seller, you can get more out of your home equity by selling for more in a hot market and for a low listing fee. Redfin has deepened their technology beyond the initial search to make the home tour, the listing debut, the escrow process, the whole process, faster, easier and worry-free. Credits: Redfin.com.
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