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Updated over 4 years ago,

User Stats

124
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16
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David Page
Pro Member
16
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124
Posts

WEBINAR: Flipping Houses During the Crisis Without Flipping Out!

David Page
Pro Member
Posted
This event is brought to you by:

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Disclaimer: BiggerPockets does not support or sponsor any meetups unless otherwise noted. Do your due diligence before attending any events. You may be agreeing to attend an event that includes promotion, pitching, or high-pressure sales tactics or techniques. Poster certifies that there will be no pitching of products or services at this event.

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MEMBERS ONLY:
Use coupon code MEMBER (all caps) to attend the webinar for free. Act now — the number of lines is limited.

NON-MEMBERS:
You’re welcome to attend for just $19. Better still, join Baltimore REIA first at the reduced rate of just $97 for a full year, then attend this webinar and future webinars for free, and save $100 on every one of our classes.

On Baltimore REIA's next "Connections" webinar you'll get informed insights from a contractor, 2 rehabbers, and Executive Director Joe DiMaggio. The experts will address these questions and more:

  • Does the usual price formula still work? Rehabbers have typically paid about 70% of ARV for purchase and rehab combined. But what if the ARV goes down in a few months? Should you buy at 60%? Can you? What if others are still paying 70% — or even more?

  • What’s happening with lenders? On our last webinar, we heard about lenders pulling the plug at the last minute. Is hard money still out there for rehabbers? If so, is it harder to get? What about loans for buyers?

  • What’s the best niche to be in? First-time buyers can afford homes of $300k or more thanks to today’s low interest rates — if their credit hasn’t been compromised. Does it make sense to stay in that price range or move up?

  • Where can you economize in your rehab? Kitchens and master baths still need to be gorgeous. But can you get away with savings elsewhere? Such as a semi-finished basement? Or maybe opening up fewer walls?

  • Will you be able to get the work done? If anything, most contractors seem eager for work. But what about inspectors? Will they walk into a house if anyone is there? You don’t want your project to grind to a halt!

  • And much more! Are remodelers who used to work with homeowners starting to work with investors? Are video tours an option or a necessity? What about staging — save your money, or more essential than ever? Do you actually have an advantage selling a rehabbed, vacant home compared to an owner-occupied home? Are prices of materials going up? Any shortages in stock? Is it getting harder to find the finish materials you prefer?

This webinar will give you the opportunity to ask questions, too

Visit our website for more details:
https://www.baltimorereia.com/connections-webinar-flipping-houses-during-the-crisis-without-flipping-out/

  • David Page