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How The 70% Rule Can Wreck Your Flip
January 6, 2025 | 3 Minute Read Flipping houses is thrilling and insanely lucrative when you watch it on HGTV. The reality is far from the what you see. Whether you dream of becoming a celebrity flipper or simply want to explore a profitable real estate opportunity, one question always stands out: How much do […]
I Made $27,660 in Six Hours Flipping This House
June 24, 2024 | 4.5 Minute Read HOW I FOUND THE DEAL (1 Hour)On May 8th, we decided to sell one of our short-term rental properties. Although it performed well on Airbnb and VRBO, we wanted to liquidate part of our portfolio, which included a 5/1 ARM at 4.25% that would reset in about two […]
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 […]
