Information and thoughts on fix and flip projects
Are you interested in starting to fix and flip some houses in your local community, but unsure of where to receive financing for it? This is a common struggle among first-time flippers. Setting yourself up with the right fix and flip loan can create [...]
Some of our customers are participating in the fix and flip program we offer. Like all of our programs, the focus is being light on cash from the builder. As the housing market continues to slowly increase towards historical norms, some markets are [...]
While lumber and labor costs remain high, fix and flips may be a way for builders who do some of their own finish work to maximize profit until prices drop. While we anticipate lumber yards dropping lumber prices soon, in the mean time, some potenti [...]
Mike Schultz, retired builder, shared these thoughts on rehab projects: While rehab (fix and flips) is a great way to make money, be careful to not fall into these traps: 1) Don't overpay for the property you are buying. It will always cost you more [...]
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