Prices Climb 5.7% in June in SoCal
The June housing market numbers are in, and there is nothing but good news for house flipping investors. The Los Angeles Times recently shared great numbers out of real estate data firm CoreLogic. According to the firm, home sales in Southern California are up 18.1% this June compared to the same period a year prior. […]
How Much do House Flippers Really Make?
No two house flippers are the same, and every house flipper’s profits vary from project to project. That said, people who are looking to make a career out of house flipping can rest assured that there is plenty of money to be made in this business. Last year, a report out of RealtyTrac showed that […]
Introducing the ZINC Financial Diamond Program
ZINC Financial is pleased to introduce our latest and greatest rehab loan offering, the ZINC Rehab Diamond (ZRD) Program. Available to highly experienced house flippers, the fix and flip loans offered under ZRD provide some of the most favorable fix and flip loan terms found anywhere. Investors who qualify for our Diamond Program house flipping […]
Special Rehab Loan Promotion from ZINC
From now until the end of May, ZINC Financial is offering a special promotion on our residential rehab loans. All new house flipping loans funded during the month of May will receive just a one point loan fee in addition to the standard underwriting fees. That’s a 1.5 point decrease from our standard loan terms. […]
Numbers Show Investors Still Favor Flipping
In the current housing market, there is space for both house flippers and buy and hold investors. Given the fact that homeownership is at its lowest point in the last ten years and rent prices are on the rise across the country, you would think that more and more investors would begin favoring buy and […]
House Flipping Off to a Great Start this Year in San Francisco
If you’re looking for a new location to focus your fix & flip investing efforts this year, we highly suggest you check out San Francisco, California. The Bay Area has been at the top of the heap when it comes to gross profits per flip, regularly surpassing the $100,000 mark, and San Francisco is at […]
Why Should You Secure Fix and Flip Funding in Advance?
Even the most successful house flippers — people who flip multiple properties at a time and make $100,000+ per flip – those flippers utilize fix and flip funding from private money lenders. Do they need to secure funding? No, the most successful flippers have plenty of capital to make their purchases on their own, but […]
Can’t Sell Your Rehab Property? Follow These Tips
Securing your rehab loans and finding the right house to flip is always a huge thrill. Completing the renovation process is an even bigger thrill. But the ultimate thrill is selling your rehab property for a hefty return on your investment. Unfortunately, not every fix & flip ends with a big sale. If you find […]
Using Our Deal Analyzer to Analyze a Rehab Investment
When that perfect property comes on the market, it can be tempting to pounce on it before having a solid understanding of what the costs involved in the project would be and what kind of ROI you should expect. Now we know what you’re thinking — “In a market this competitive, don’t you have to […]
Financing Your Property with Fix and Flip Loans
With so many shows on TV about house flipping, a lot of people are excited about the idea of finding a great house, getting their hands dirty with renovations, and turning a quick profit. Maybe you have a background in construction. Maybe you’re a realtor. You have a genuine interest in the work and you […]