Flipping a House | Paces Funding

6 05, 2020

3 Fundamentals for House Flipping

Paces Funding2020-05-09T09:13:36-04:00May 6th, 2020|Categories: Flipping, Hard Money|Tags: Flipping a House, Hard Money, Price, Timing|

If you want to be a successful house flipper you’ve got to practice the right habits and strategies. Here are three key flipping fundamentals that can carry you through any project. Timing Is Everything Be smart about the timing of your flip. To increase your chances for a successful resale it’s best to flip when there is a low inventory of available homes on the market. Any good product tends to sell best when the competition is scarce. Roll With the Punches During a flip you may remove a floorboard or a wall and uncover termite damage to floor joists

1 05, 2020

Considering Travertine Floors for Your Flip? Let’s Talk Positives and Negatives

Paces Funding2020-05-09T09:13:17-04:00May 1st, 2020|Categories: Hard Money|Tags: Flip, Flipping a House, Floors, Travertine, Travertine Floors|

Travertine is a timeless stone that’s typically found in the mountains of Mexico, Italy, Turkey, Peru, and Iran. It’s stylish and durable, but it doesn’t come without its drawbacks. If you’re considering travertine for your flip take a look at some of the pros and cons. Positives Appearance Travertine is available in a variety of earth tones, like tan, beige, grey, off-white, rust, and brown. It has a surface that’s more subtle than granite or marble, and can give your floors a sense of old-world style. Over time travertine floors develop a patina, which can give them distinct character. Durability

21 09, 2019

3 Things to Avoid in Your Flip’s Kitchen

Paces Funding2019-10-07T18:13:29-04:00September 21st, 2019|Categories: Flipping, Remodeling Tips, Tips|Tags: Appliances, Countertops, Flipping a House, Kitchen, Layout, Work Triangle|

When you're flipping a house, you know that the kitchen can make or break the deal - so here are three things you should avoid to make sure you're not sending prospective buyers running. 3 Things to Avoid in Your Flip's Kitchen Give each of these kitchen features a hard pass: Fragile materials Cheap appliances Bad layout Here's a closer look at each. #1. Fragile Materials Are a No-Go There are plenty of durable materials you can install in a kitchen that are just as nice-looking as their more fragile counterparts are - and buyers know it, too. In the

13 08, 2019

3 Little Quirks That Could Prevent Your Flip From Selling

Paces Funding2019-09-04T17:14:16-04:00August 13th, 2019|Categories: Flipping, How To, Tips|Tags: Flipping a House, Flooring, Front Door, How-To, Plumbing, Tips|

When you secure a hard money loan to buy a house and flip it, you're counting on being able to sell it - but what if it has one of these three issues? 3 Little Quirks That Could Prevent Your Flip From Selling When you're selling a house - even if you've put a ton of work into it and you feel like it's move-in ready - there are three things that could discourage buyers from making an offer: A front door that sticks Noisy plumbing Squeaky floors Let's have a closer look at each. House Quirk #1: A front

4 08, 2019

Do You Need to Hire a Real Estate Agent to Sell Your Flip?

Paces Funding2019-06-25T09:38:17-04:00August 4th, 2019|Categories: Flipping, Hard Money|Tags: Flipping a House, Real Estate Agent|

After going through the work to restore a house, you're ready to get it up on the market and flip it. With the effort you've already put in, you might think that selling it without a real estate agent is reasonable. However, hiring this professional is incredibly important. Why You Need a Real Estate Agent to Sell Your Flip Real estate transactions involve so many components that you can easily miss if you forgo hiring an agent. Before you put the house on the market, you want to ensure that it is in the best shape possible. In your eyes,

24 07, 2019

3 DIY Improvements to Help You Flip a House

Paces Funding2019-06-25T09:38:14-04:00July 24th, 2019|Categories: Flipping, Hard Money, Home Improvements, Home Upgrades|Tags: Faucets, Fixtures, Flipping a House, Floors, Home Improvements, Home Upgrades, Improvements, Upgrades|

Flipping a house provides you with the opportunity to make some money and then move forth to score the home of your dreams. Before you can make the sale, however, consider these relatively simple fixes that can make the space more attractive and increase the sale price. Whether you hire a contractor or do the work yourself, these are the basics that every flipper needs to know about (especially if you're new to the business). Faucets Shiny new faucets bring an aesthetically pleasing look to the bathrooms and kitchens. As someone proficient in the home-buying process, you already know how

25 04, 2019

3 Qualities to Look for in a House You Want to Flip

YSNM Support2019-06-12T09:15:18-04:00April 25th, 2019|Categories: Hard Money|Tags: Flipping a House, Location, Structure, Yard|

Finding the right house to flip can often be a challenging process, and there are many factors you will want to consider. Despite all of the effort that will be required during the house hunting and flipping process, all of your hard work will likely pay off in the end. This can be an incredibly profitable venture as well as a very creative and rewarding process. The following information will provide a closer look at three important qualities you should look for in a house you want to flip: Consider the Location Choosing the best location when finding a house

12 04, 2019

3 Organization Apps Every House-Flipper Needs

YSNM Support2019-06-12T09:15:27-04:00April 12th, 2019|Categories: Hard Money|Tags: Apps, Dropbox, Expensify, Flipping a House, ToDoist|

If you're flipping houses, these are the must-have organization apps that will help you streamline your processes. Dropbox Sharing pictures and files between companies and individuals could not be easier and more professional than through Dropbox. Sharing and saving progress photos into organized folders is much more professional and orderly than rummaging through old text message threads, and professionals from many businesses use this as their main workhorse for sharing data. All photos, text, audio and other media are instantly shared with added users once dropped into Dropbox. It’s a really cool app that makes perfect sense for flippers. Dropbox

5 12, 2018

How Much Effort Should You Put Into A Bathroom When House Flipping?

Paces Funding2024-06-17T12:42:09-04:00December 5th, 2018|Categories: Flipping, Hard Money, Home Improvements, Home Upgrades, Investment Properties|Tags: Bathroom Remodeling, Beginner Investors, Flipping, Flipping a House, House Flipping, house flipping in Nashville, House flipping in Tennessee, Selling a Flip|

House flipping is all about fixing and reselling a house fast. So, the idea of a complete bathroom remodel is daunting. Should you do it? You may assume that a full bathroom remodel will sell the house faster, but realtors report that it's not usually the case. Assuming the bathroom is functional, what efforts really result in a return on the investment when it comes to bathrooms? Remember, when flipping houses, time is also an important factor! The truth is that relatively inexpensive changes to bathrooms are usually enough to help sell that property and bring a return on your

23 11, 2016

The Hidden Costs of Flipping a House

Paces Funding2016-11-23T10:00:11-05:00November 23rd, 2016|Categories: Business, Flipping, Hard Money, Hard Money Loans|Tags: Flipping a House, Money, Property Insurance, Real Estate Commission, Taxes|

If you’re like most people flipping a home, you’re probably seeing dollar signs. You’ve most likely purchased a house at a great price and are thinking of the after repair value. With quick turnaround times on flipped homes, it’s easy to forget about a few things. The Hidden Costs of Flipping a House in Atlanta While the costs of repairs are usually at the forefront of your expenditures, you’ll want to be sure that all the hidden costs you may incur are calculated before estimating a profit. Commissions Most real estate investors plan to fix and flip more than one

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