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Updated almost 8 years ago,

Account Closed
  • Johnson City, TN
705
Votes |
586
Posts

Doing partial rehabs.

Account Closed
  • Johnson City, TN
Posted

I don't have to tell anyone that the market for flippable houses is red hot. I know there are people that flip over a hundred homes a year and some that just will do one. The usual process seems to be taking a sows ear and turning it into a silk purse. It seems to me there are a lot of people that would like to get into flipping but many of these houses aren't able to qualify for traditional financing and also have too many unknowns. For me, the most challenging part of flipping is getting the final touches perfect, dealing with buyers and getting to the closing table. Does anyone specialize in buying rough houses and fixing the big problems and getting all systems working and then selling to another investor that is interested in a "light remodeling"? Sort of a paint by numbers for beginners.

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