Major Costs on Doing a Fix and Flip (Real Estate - Houses, Properties for Sale)

Item ID 131473618 in Category: Real Estate - Houses, Properties for Sale

Major Costs on Doing a Fix and Flip


Four parts of your house flip: The purchase price of the house (you’ll need to bring 20% to 45% of the purchase price as a down payment depending on the lender) The “holding cost” of the home (e.g., insurance payments, HOA fees, and other costs of owning the home while renovations are underway) Materials and labor for the renovation. Realtor costs and closing costs to find a buyer and sell the property post-renovation.

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