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

Housing Wire

They find aesthetically challenged homes in coveted LA neighborhoods, crunch the numbers, hire interior designers to renovate them so they look good on Instagram and then list and sell them for a tidy profit. This is an excellent strategy if you enjoy losing money and crying yourself to sleep every night.

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Portrait of a pre-foreclosure peacemaker

Housing Wire

That means the buyer will need to pay in cash or use non-traditional financing such as a hard money loan. Fostering homeownership Sandoval and her investor partners typically perform heavy renovation on the distressed properties they purchase before reselling them back into the retail market, mostly to owner-occupant buyers.

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How to Buy a Multifamily Property in 10 Steps

The Close

Renovation costs: Depending on the property’s condition, you may need minor and/or significant renovations before renting it out. Timeline: Your timeline involves the time it takes to make repairs or renovations, find tenants, and start accepting payments. Pro Tip: Overestimate your expenses.

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How to Start a House Flipping Business in 7 Steps

The Close

Set Up Your House Flipping Business Operations Many believe flipping houses is just about buying, renovating, and selling. 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.

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10 Smart Strategies to Expand Your Real Estate Portfolio in 2025

Marco Santarelli

It involves buying a property, renovating it, renting it out, refinancing it to pull out equity, and repeating the process with the profits. How it works: Buy: Identify and purchase a property below market value, often one that requires some renovations or repairs.

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How to Buy a Preforeclosure Home in 9 Steps

The Close

Options for investors include the following: Fix-and-flippers: They use a hard money loan to buy preforeclosures that need extensive repairs, then flip the property for a profit to pay off the loan.

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The best hard money lenders in 2025 + hard money loans explained

Housing Wire

The best hard money loans for real estate depend on your investment strategy, whether youre financing a short-term flip, a rental property or a large-scale development. Ill walk you through my top picks for the best hard money lenders in 2025 and explain how to choose the right lender for your specific needs.