Posts Tagged: house flipping

4 Ways to Boost Your Fix and Flip Profits

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Buy, sell, fix and flip profits concept

There is no single recipe for success when it comes to fix and flip enterprises. Like buying a home with bad credit, you sometimes have to rely on others and work with what you’ve got. That said, you’re not reinventing the wheel. There are steps you can take to choose wisely and maximize profits. Here are a few strategies to try. 1. Buy In Up-and-Coming Areas If you can buy in areas that are undergoing revitalization, you stand to see lower costs, quicker turnaround, and greater profits in the process. You just have to be careful that you don’t get in too early, when sales…
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5 Major Myths About Real Estate Investing

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Myths and facts about real estate investing

Looking to invest your extra cash in the hopes of turning a profit? Curious about whether or not stocks, bonds, or real estate opportunities might be good options for you to explore as a means of making a little money? The first step is to gather information and know the facts when it comes to investing. Whether you’re looking to win big on Wall Street or just make a dollar or two and buy of bonds, information is key. Lately, real estate has been growing in popularity as a promising investment avenue for potential investors. More and more Americans are taking their chances in the real…
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The 10 Cheapest States to Invest in Real Estate

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10 states where real estate investment is cheap

Saving your money is smart. Investing your money is even smarter. Yet nowadays, the options for investing your hard-earned dollars are a dime a dozen. From stocks to bonds to mutual funds and back again, deciding on which investment choice is best for you can be difficult. More recently, real estate has become another popular option for those looking to turn a profit. Financial experts generally consider real estate investing a more high-risk/high-reward alternative to the traditional securities out there.  Real estate investments are typically much more speculative, require more specialized knowledge, and offer bigger rewards than traditional stocks and bonds. While typically not recommended for…
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How to Get a Fix and Flip Loan for an Investment Property

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How to get a flip/fix loan for investment property

With the job loss and belt tightening since the onset of the Great Recession, many people have been wary of investments. However, now that the economy is in full recovery mode, adults young and old are beginning to once again consider how to make their money work for them now and in the future.  It’s hard to argue the merits of buying low and selling high in a flourishing real estate market. Of course, some of us are still recovering from the recession and trying to get our personal finances back in order after job loss, home foreclosure, or other financial issues. If you’ve ever pursued the prospect…
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How to Track Your Expenses When Flipping a Home

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Costs can add up fast when flipping a home for a profit. Keep track of all your expenses with these tips to preserve your profit.

For motivated individuals, fixing and flipping houses provides a unique opportunity to transform an outdated home into a money-making venture. However, making money flipping houses is no easy undertaking. In most cases you’ll find yourself fighting a tight schedule and even tighter budget that demands speedy turnaround.  There’s a reason it’s called flipping. You can reduce some stress, of course, with assistance from private money lenders in California, Texas, or New York.  However, you still need to stay on top of your timetable in order to earn the greatest profit. In addition, you have to do all you can to avoid going over-budget. This can…
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What You Need to Know About Fix and Flip Lending

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You can make a pretty penny fixing up run down homes and flipping them for a profit - so long as you can find the financing to purchase the property.

Real estate flipping is nothing new. It has long been a way for motivated investors to turn a small amount of capital into larger sums by purchasing rundown properties, fixing them up, and selling them for a profit. Fix and flip operations generally consists of a person or people who are familiar with real estate and construction. This way these investors know which houses to target with the most potential for gain and which upgrades to undertake that can be completed quickly and at little cost in order to maximize profit. That said, there is another important factor to consider: loans. Most people don’t have the cash…
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How to Overcome Common House Flipping Issues

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House flipping may seem like an easy way to get rich fast, but there are many factors that can throw your plans into chaos.

Flipping homes is big business in America and can be fairly rewarding when done correctly. A lot of people jump into the industry without knowing much about the technicalities, however. Magazines and shows make house flipping seem rather easy, but there’s much more to flipping houses than simply buying and selling. And unless you’re rich, you’re going to need loans to help fund your flipping venture. Some people have had financial issues in the past, so naturally they are worried about being able to obtain home loans with bad credit. Today, you can find a lot of bad credit mortgage options, making buying a home with…
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