Fix and Flip

Five Ways to Save Money on Your Rehabs

Filed in Fix and Flip by on January 13, 2012 0 Comments
Five Ways to Save Money on Your Rehabs

The construction of the project can be the one thing that turns a great deal into a bad deal.  It is important to create a budget and stay as close to that budget as possible.  Part of staying within your budget and making a ton of money in this business is getting great deals on […]

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Last Night’s Lender Panel

Filed in Fix and Flip by on July 28, 2011 0 Comments
Last Night’s Lender Panel

I was fortunate enough to be invited to sit on a Lender Panel at last nights CAREI meeting.  The fun thing is that 10 years ago I started attending the CAREI meetings.  I was working at night at First Bank and took the night off once per month to attend the meeting.  I remember how […]

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Can a seller really prevent you from selling or refinancing a property you buy from them?

Filed in Fix and Flip, Market Information by on February 8, 2011 0 Comments
Can a seller really prevent you from selling or refinancing a property you buy from them?

The title says it all.  That is exactly what is happening and it is becoming even more common.  This is all part of the banks fighting back against illegal flipping.  A client of ours just closed a hard money deal with Freddie Mac as last week.  The closing almost fell apart at the closing table.  […]

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FHA – Flipping Property Rule Change

Filed in Fix and Flip, Market Information by on February 1, 2011 0 Comments
FHA – Flipping Property Rule Change

In case you have not heard there has been some excited news from FHA recently.   They are again waiving their anti-flipping rule for another year.  This was signed on January 15, 2011 and went into effect this morning.   There seems to be some confusion so here is the low down. The term real estate flip […]

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Taking Title of Your Investment Property

Filed in Fix and Flip, General by on October 1, 2010 0 Comments
Taking Title of Your Investment Property

I recently gave a presentation on this topic at our Colorado Springs Investors Happy Hour; as often as it happens I am always surprised when this issue comes up.  Your exit strategy will affect the way you take title and the way you take title may affect your exit strategy.   I want to share just […]

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