Marco Santarelli

AUGUST 16, 2024

A structurally unsound building can quickly become a money pit, negating any initial cost savings. Factor in all costs: The purchase price is just the tip of the iceberg. Consider closing costs, potential renovations, carrying costs like property taxes, insurance, and potential vacancies.

Due diligence 52

Due diligence Purchase and sale agreement Renovation Title search 52

HomeLight

AUGUST 31, 2021

Let’s take a look at the most common foreclosure sales and how they work. Short sale. A short sale isn’t necessarily a foreclosure sale, but it’s common to see a short sale done to avoid foreclosure. A seller will usually have to prove financial hardship for the lender to agree to the sale.

Pre-approval 111

Pre-approval Short sale Banks Finance 111

HomeLight

FEBRUARY 9, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Even if something went wrong, you likely wouldn’t end up losing money. Donate recommends a hard money loan as the top financing strategy for flippers.

House Flipping 105

House Flipping Hard money loan Finance Investor 105

HomeLight

FEBRUARY 24, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Even if something went wrong, you likely wouldn’t end up losing money. Find a Buyer's Agent What is house flipping?

House Flipping 105

House Flipping Renovation Finance Agents 105

HomeLight

FEBRUARY 24, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Even if something went wrong, you likely wouldn’t end up losing money. Find a Buyer's Agent What is house flipping?

House Flipping 105

House Flipping Renovation Investor Finance 105

HomeLight

FEBRUARY 24, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Even if something went wrong, you likely wouldn’t end up losing money. Find a Buyer's Agent What is house flipping?

House Flipping 100

House Flipping Inspection Renovation Finance 100

HomeLight

JANUARY 19, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Even if something went wrong, you likely wouldn’t end up losing money. Find a Buyer's Agent What is house flipping?

House Flipping 105

House Flipping Inspection Renovation Finance 105