How Much Does It Cost To Do a Flip A House 🏚️➡️🏡➡️💸 Video via Easy Street Capital

[Robin Simon]

Getting started with fix and flips can be intimidating – there are lots of moving pieces, so having a rock solid plan at the start is key. There are certainly lots of benefits for everyone when it comes to fixing and flipping. Many are put to work and jobs are created or strengthened – including agents, contractors and other hard-working people. The community is strengthened as a property formerly in a state of disrepair is restored and turned into someone’s home. However, at the end of the day, lets face it, flippers are in the business to make profits on their flips – and theres nothing wrong with that!

🔑Key to making your flip profitable (and being able to stay in the game and keep on flipping future projects) is having a solid financial plan in place.

🤔What is the cost to flip a house?

The answer depends on multiple variables, chief among them your purchase price and renovation budget. But that’s not all, there are other significant and important costs to flip a house – and understanding, planning for, and minimizing them often make the difference between a successful flipper and fix and flip failure.

But don’t worry, In this comprehensive video, we’ll break down the various costs associated with house flipping and provide insights to help you budget effectively.

👀📺✅In this Video we will cover the Main Costs to Flipping Houses

✅Purchase Price

✅Renovation Costs

✅Holding Costs

✅Selling Costs

✅Financing Costs

===========================

Connect with Easy Street Capital! 

===========================

Instagram:

/ easystreetcap

Facebook:

/ easystreetcapital

LinkedIn:

/ easy-street-capital

===========================

More FREE Resources

===========================

✅5-Minute WebApp for a Fix and Flip Loan!

➡️https://bit.ly/4djTehE

✅FULL ARTICLE: How Much Does It Cost To Do a Flip A House

➡️https://bit.ly/4eBubHm

===========================

⏰ Jump To ⬇️⬇️⬇️

===========================

00:00 Intro

00:52 Understanding the Cost to Flip a House: An Overview

01:15 Purchase Price: The Foundation Of Your Flip

03:06 Renovation Costs: Where the Magic Happens

06:59 Non-Financing Holding Costs: The Silent Budget Eater

07:25 Selling Costs: Getting Your Flip To Market

08:09 Financing Costs – Using hard money loans to Flip A House

09:37 Putting It All Together: Calculating Your Total Cost to Flip

10:39 Tips To Flip 1: Nail The Purchase Price

11:07 Tips To Flip 2: Focus on High-Impact Renovations

11:40 Tips To Flip 3: Choose The Right Hard Money Lender

✅5-Minute WebApp for a Hard Money Loan!

➡️https://bit.ly/4djTehE

The information provided on EasyStreetCap.com and in any accompanying Easy Street Capital video is intended for general informational purposes only and is not intended to serve as professional financial advice in the real estate investment industry