Illinois is a prime location for flipping houses. In Q3 2024, the average gross profit on an Illinois flip was $94,500, resulting in an average gross ROI of 60.8%. However, flipping houses takes a lot of work and you need the right partners to ensure success. Your...
There are many ways to fund a rehab project, including 100 percent fix and flip loans. This is an attractive option because it doesn’t require a down payment. Instead, the lender finances the full cost of the property purchase and renovation, so you can focus solely...
Investing in real estate is a great way to build long-term wealth. But unless you buy a turnkey property, it usually involves some transitional work, such as renovation or construction. Fortunately, you can finance capital-intensive construction projects with...
Flipping houses in Texas can be a lucrative gig. Not only did the Lonestar State have the second-biggest GDP of any U.S. state in 2023, but from 2022 to 2023, it had the largest numeric population growth. This is good news for home flippers. It means demand for...
For any value-add fix-and-flip or new build construction project, you’ll live and die by your draw schedule. Managing and monitoring cash flow is as important as the actual construction, and a well-managed and maintained (and realistic) draw schedule goes a long way...
The kitchen is many people’s favorite room in the house- it’s where you host guests, bond with family and friends, and of course it’s where you can find your favorite snacks. It’s no wonder that kitchens have a major impact on a home’s overall value! Statista reported...