Buy, Fix, Flip and wholesale advice can raise your level of professionalism, enhance your understanding and pilot you into your real estate journey.

PURCHASING HIGH QUALITY PROPERTIES

One of the possibilities of a good flip is locating a property that doesn’t need much repair. Saving labor-cost, time, and money for additional improvements, appliances, fixtures, & structural defects. Can expedite your resale (Flip).

Buy Fix Flip and Wholesale

This may also increase the profit margin. At real estate resource NYC, we have been included in real estate and finance for over 100 years. Our support team includes but is not limited to real estate brokers, agents lending institutions, attorneys, trainers, instructors and mentors. There are some of the most high-minded individuals in these times when flipping property is your plan of action, properties can be in low cost to more expensive areas.

However, first be informed about the minimum and maximum loan amount. Lenders have a comfort zone in amounts they can lend. If it is too low or too high your will limit the qualified buyers.

It may be your choice where you would like to find properties. Of course, in your own neighborhood is a good place to start. Notwithstanding the fact that the entire country is open to you.

THE PACE OF THE PACK IS THE SPEED OF THE LEADERS!

Buy, fix, flip and wholesale may not be a long-term process. There can be countless days of frustration, disappointment and rejection. We either make ourselves sad or we make ourselves strong. The amount of effort is the same.

A real estate deal is less complicated than you think, real estate resource NYC will keep you moving forward.

Fixing property does not have to take much time but when you are not doing it yourself, you must move cautiously!

Your knowledge of construction costs is of the utmost importance. There are construction crews that work with speculators and flippers that know the routine.

A HOT REAL ESTATE DEAL CAN PROVIDE AN “OPPORTUNITY OF A LIFETIME”

Properties that are outdated, indeed of major repair or in good condition still provide a possibility of a below-market deal that can be executed. When securing a buyer to flip your deal you can include many sources that will be more than satisfied to work with you.

When the buyer arrives be sure to authenticate the pre-approval commitment letter, proof of funds, and who will be making the decision.

When there are circumstances that a quick deal is called for you must be “ready, willing and able”.

Currently there are other types of real estate properties that are not the typical fix deal. Fire, severe water damage, collapsing foundation will need significant improvement. That’s the kind of real estate that takes more consideration, experience, funds and more time.

Regardless, can render a higher rate of return.

Keep your eyes and ears open for when you come across a row of newly built homes that may have been 90 percent completed. The builders may have run out of funds with influence, capacity you can take control and possession.

How?

What you need more than anything else is to have that uncanny understanding of what matters to others.

A high degree of competency and skill emanates from practice, repetition, education and people!

For more information contact RealEstateResourceNYC.com or call 718-266-9700

Or Signup Online for our BUY FIX FLIP AND WHOLESALE Course (BFFW),

Ben DiCostanzo

Founder

The post Buy Fix Flip and Wholesale appeared first on Real Estate Resource NYC.