As we mentioned in our When the Price is Right! blog post, the housing market has proven quite resilient amidst the COVID and economic crisis we’re facing today. As such, we believe there is ample opportunity to turn a profit as a residential flipper, as long as you’re strategic and judicious with your investments. In this blog post, we’ll outline the key elements of a successful Fix & Flip. Of course, we cannot speak to every scenario, but from our 50+ years of lending experience in this niche industry, we’ve seen common themes that drive success for our borrowers, regardless of their geographies or deal sizes.
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Location, Location, Location!
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Narrow Down on a Prudent Property and Act Swiftly
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Understand the Financials
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Build Your Team