People get into real estate investing for a variety of reasons: maybe they love hunting down the perfect property, or they get a thrill out of racing the clock on renovation projects. Perhaps redesigning interiors gets their heart pumping - but at the end of the day there’s one really big, fairly consistent reason… they’re looking to make money. After all, if you don’t turn a profit at the end of a fix and flip project it could be much more difficult to get your next one off the ground, especially if you’re just starting out. With that in mind, we’re going to take a look at 10 fix and flip trends that will make you money in 2018, and help set you on the path toward financial success.
There are a variety of loans available for investors looking to purchase and rehabilitate properties, but the most popular among them are fix and flip loans and construction loans. However, there are definitely differences between the two - even though they may sound similar - and each are ideally suited to specific situations. In fact, one of the biggest differences is that hard money construction loans are typically issued for properties that have yet to be built, whereas fix and flip loans are issued for properties that are already in existence and need a bit of TLC.
In this week's edition of our weekly round up of real estate links we love, we explore a wide-range of home buying tips for 2018, renovations that'll help increase your home value, and remind you why real estate investing is more than just about making money, but it's also about having fun!
When it comes to financing options for flipping homes, a fix and flip loan is most likely going to be your best bet. There are, of course, a variety of financing options for borrowers and developers, but there are a number of reasons why fix and flip loans specifically are exactly what you’re looking for.
Late last year I had the opportunity to chat with fellow real estate investor and renowned host of the world's longest running daily real estate podcast, Joe Fairless. He interviewed me for an episode of his podcast, Best Ever Show and it went live last week.
2018 so far, so good! Lots of things happening at Walnut Street Finance and within the real estate industry. We don’t want you to miss out. We’ll continue sharing our weekly round up of real estate links we love - and if you have anything you’d like to share with us or for us to share to let us know! Leave a comment or send us an email!
At the beginning of 2017, we highlighted 5 DC real estate hotspots to watch. The year has come and gone and here we are, at the beginning of 2018 with an update on what neighborhoods are still hot and which are up and coming…