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Updated over 9 years ago,
Personalized Flipping
I was wondering if anyone has come across anything like this or even tried in real estate investing before. A RE investing company hires a contracting/construction crew on hand enters introduces personalized flipping described by the steps below.
1. Buyer approaches company with intent to buy a personalized home (all other homes are too expensive, and it is too expensive to build a home)
2 company located area(s) that are suitable to the buyer.
3. Company presents several low quality homes for sale in the area suitable to the buyer with potential for renovation
4. Buyer presents desired features of their ideal home. (Patio, open floor plan, etc.)
5. We work with the buyer to create the perfect floor plan with one of the renovated homes.
6. We give a ARV estimate to the buyer, alongside the price we would sell it for. Buyer either accepts or declines.
7. We enter into contract with the buyer
8. We flip the house and sell it to the buyer.