The Close

DECEMBER 5, 2024

The average cost of flipping a house varies depending on the property location, type, and degree of the required renovations. To answer how much does it cost to flip a house, you’ll need to add four main costs: acquisition, renovation, carrying, and selling. In addition, remember to apply the 70% rule.

House Flipping 98

House Flipping Renovation Closing costs Hard money loan 98

HomeLight

MARCH 10, 2023

“Generally, I start from the back — what is the after-repair value (ARV) when the house has been fully renovated? Inflation has had a big impact on renovating a house and that is something flippers have to take into consideration when creating a budget, Wise adds. I determine what is the most I can get out of it.

House Flipping 105

House Flipping Renovation Investor Finance 105

Marco Santarelli

FEBRUARY 24, 2023

Pasadena, CA, is currently a seller's market, which means that there are more buyers than available homes for sale. The median days on market for homes in Pasadena, CA, was 66 days in January 2023, which is slightly higher than the previous month, and slightly up from the previous year.

Marketing 88

Marketing Investor Hard money loan Due diligence 88