How to Fix and Flip Houses
Benefits of Investing in Real Estate
Real Estate Provides:
• More predictable returns than stocks and
commodities
• A hedge against inflation (since the rise in rental
rates / property prices is similar to inflation)
• A higher rate of return than most investments
• Cash flow that can be used for other investments
• Easier and less expensive loans
What is a Fix and Flip Strategy?
This strategy is used by real estate investors,
wherein a house is purchased, remodeled or
repaired and then sold at a higher price. Repairs
are undertaken and renovation / remodeling is
done to create value. A fix and flip strategy is a
tactical strategy, rather than a long-term
investment strategy (like holding a property
until the price escalates).
Steps in a Fix and Flip Strategy
There are 7 Main Steps in a Fix and Flip Strategy:
1. Research the market
2. Identify a property
3. List all the repairs and renovation needed
4. Estimate the cost of repairs and renovation
5. Evaluate the property price after repairs and renovation
6. Undertake the repairs and renovation
7. Sell the property
Benefits of a Fix and Flip Strategy
Among the Most Important Advantages of a Fix
and Flip Strategy are:
• Immediate realization of gains
• Capital is not tied up for years
• Easier to predict returns and take a calculated
approach
• No leasing risks that are inherent in holding
real estate
• You do not need to invest your own money
Fix and Flip Loans
A Fix and Flip Loan:
• Helps to purchase a distressed property, fix it up and sell
it for a profit
• Can be up to 90% of the “as if” value of the property
• Can cover 100% of the construction money needed for
repair and renovation
Most banks do not offer loans for distressed properties and will not cover the remodeling of these homes.
Types of Home Improvement
• Repairing: Electrical, plumbing and structural repairs.
• Enhancing interior appeal: Wallpapering walls and ceilings, installing flooring, upgrading doors and
windows and installing new cabinetry for kitchens and bathrooms.
• Enhancing exterior appeal: Remodeling backyard and front yard with patios, decks or landscaping.
• Comfort upgrades: Installing improved heating, ventilation and air conditioning and upgrading the
kitchen, bathrooms and bedrooms.
• Improving safety: Upgrades of fire alarms, sprinkler systems and burglar alarms and installing security
doors and windows.
• Home Additions: Adding rooms or floors and converting unused space into usable space.
Prospects of Fixing and Flipping
The average fix-and-flip ROI (return on investment)
rose from about 20% in 2011 to 35% in 2015,
according to RealtyTrac, which tracks real estate
data and analytics.
Property prices in the New York – New Jersey area
are expected to rise by almost 4% in 2017, a rate
marginally higher than the national average,
according to the latest projection by Realtor.com.
Real estate is expected to be a continuously
growing, fast moving market.
Why Contact Fix and Flip Experts?
An Expert can Help:
• Quickly analyze and identify investable opportunities
• Ensure fast approvals of real estate loans
• Estimate the cost of repairs and the property value upon
completion
• More efficiently plan and schedule the project
• Manage the project to ensure timely completion without
compromising quality
Are You Looking for Expert Assistance?
(732) 359-7800
ContactUs@firstequityfundingllc.com
1330 Laurel Ave, Suite 104,
Sea girt, NJ 08750
firstequityfundingllc.com

How to Fix & Flip Houses

  • 1.
    How to Fixand Flip Houses
  • 2.
    Benefits of Investingin Real Estate Real Estate Provides: • More predictable returns than stocks and commodities • A hedge against inflation (since the rise in rental rates / property prices is similar to inflation) • A higher rate of return than most investments • Cash flow that can be used for other investments • Easier and less expensive loans
  • 3.
    What is aFix and Flip Strategy? This strategy is used by real estate investors, wherein a house is purchased, remodeled or repaired and then sold at a higher price. Repairs are undertaken and renovation / remodeling is done to create value. A fix and flip strategy is a tactical strategy, rather than a long-term investment strategy (like holding a property until the price escalates).
  • 4.
    Steps in aFix and Flip Strategy There are 7 Main Steps in a Fix and Flip Strategy: 1. Research the market 2. Identify a property 3. List all the repairs and renovation needed 4. Estimate the cost of repairs and renovation 5. Evaluate the property price after repairs and renovation 6. Undertake the repairs and renovation 7. Sell the property
  • 5.
    Benefits of aFix and Flip Strategy Among the Most Important Advantages of a Fix and Flip Strategy are: • Immediate realization of gains • Capital is not tied up for years • Easier to predict returns and take a calculated approach • No leasing risks that are inherent in holding real estate • You do not need to invest your own money
  • 6.
    Fix and FlipLoans A Fix and Flip Loan: • Helps to purchase a distressed property, fix it up and sell it for a profit • Can be up to 90% of the “as if” value of the property • Can cover 100% of the construction money needed for repair and renovation Most banks do not offer loans for distressed properties and will not cover the remodeling of these homes.
  • 7.
    Types of HomeImprovement • Repairing: Electrical, plumbing and structural repairs. • Enhancing interior appeal: Wallpapering walls and ceilings, installing flooring, upgrading doors and windows and installing new cabinetry for kitchens and bathrooms. • Enhancing exterior appeal: Remodeling backyard and front yard with patios, decks or landscaping. • Comfort upgrades: Installing improved heating, ventilation and air conditioning and upgrading the kitchen, bathrooms and bedrooms. • Improving safety: Upgrades of fire alarms, sprinkler systems and burglar alarms and installing security doors and windows. • Home Additions: Adding rooms or floors and converting unused space into usable space.
  • 8.
    Prospects of Fixingand Flipping The average fix-and-flip ROI (return on investment) rose from about 20% in 2011 to 35% in 2015, according to RealtyTrac, which tracks real estate data and analytics. Property prices in the New York – New Jersey area are expected to rise by almost 4% in 2017, a rate marginally higher than the national average, according to the latest projection by Realtor.com. Real estate is expected to be a continuously growing, fast moving market.
  • 9.
    Why Contact Fixand Flip Experts? An Expert can Help: • Quickly analyze and identify investable opportunities • Ensure fast approvals of real estate loans • Estimate the cost of repairs and the property value upon completion • More efficiently plan and schedule the project • Manage the project to ensure timely completion without compromising quality
  • 10.
    Are You Lookingfor Expert Assistance? (732) 359-7800 ContactUs@firstequityfundingllc.com 1330 Laurel Ave, Suite 104, Sea girt, NJ 08750 firstequityfundingllc.com