Fourth Commandment to House Flipping: The Inspection Period
November 11, 2024 | 2.5 Minute Read FOURTH COMMANDMENT: THE INSPECTION PERIOD When we make offers, it’s not just about the dollar amount. Sure, the price is essential (after all, we’re here to make a profit), but there are several key elements we include in every offer. Here’s a breakdown: Purchase Price Inspection Timeframe Closing […]
The 10 Commandments to House Flipping: Make Daily Offers
November 4, 2024 | 2.5 Minute Read THIRD COMMANDMENT: MAKE DAILY OFFERS It’s hard to believe, but even top investors often overlook this key metric. Sure, they track their profit margins, every dollar earned, and even keep tight schedules for each project. Yet the single most important action we can take to achieve our goals […]
Considering Cap Rates In Today’s Market
April 29, 2024 | Reading Time: 2 Minutes If an investor is considering what to look for in a real estate investment, a cap rate is one of the first factors they review. They want to know their return before debt service (the mortgage). You can find the cap rate by taking the net operating […]
Understanding Hard Money Loans
April 29, 2024 | Reading Time: 1 Minute If you are looking to fix and flip a project and need a hard money lender, they will loan you up to 90% of the purchase price and 100% of the renovation costs. However, the total amount is capped at 75% LTV (loan-to-value) of the after repair value […]