We have a PMI payment of about 300.00 per month.We have put a considerable amount of money into the home to include a completely renovated 2nd floor 2 bedroom unit.

Texas is one of the top states for house flipping, but it comes with challenges like fluctuating property values and renovation costs.

Hopefully I can explain this well enough through typing but once your home is renovated with will go through the appraisal process and be compared to similar homes to get the value. 

Private Lenders & Hard Money LoansWork with private lenders or use hard money loans to finance the acquisition and renovations.

This deal was a quick flip with no renovations required, showcasing Partner Driven’s ability to identify opportunities and generate profit through speed and market insight.

We also were able to take over the property with 20% of equity built into the deal, and it is newly renovated.

I think the top factors are type of home (comparing single family to apartment is no longer done), overall size, and interior features like central AC, approximate age of renovation, etc.

I'd look at doing an FHA 203k or a homestyle renovation loan to add some instant equity on your next purchase!

And i'm still thinking how to renovate my bathroom.Me and my wife doesn't use the bath tub so we were thinking to remove it and largen the shower area.What do you think removing the bathtub in master bathroom???

Think of it this way…you take on a flip, you spend 2 months on renovations, 1 month on market, 1 month under contract.