Purchasing a property, renovating it, and then reselling it (also known as "fix-and-flip") can be a profitable venture for real estate investors. Foundation CREF, a real estate investment firm, provides off-market property listings and financing options to assist investors in securing and renovating properties for resale. Alternately, our listings can also be used to find homes optimized for long-term rental. We offer loans and properties throughout the state of Wyoming. The following steps outline the process investors use for purchasing, renovating, and reselling a property.
Finding a Property
The first step is to find a property that meets your investment criteria. Foundation CREF provides access to off-market properties, which can give investors an advantage over properties listed on public databases. Once you find a property, you should evaluate its location, condition, and potential profitability to ensure it aligns with your investment goals.
Once you have found a property, the next step is to secure financing to purchase it. Foundation CREF offers short-term bridge loans and long-term rental loans. These financing options are tailored to real estate investors who either plan to buy, renovate, and resell properties, or who plan to rent. It is essential to review the terms and interest rates of each option to ensure it aligns with your investment goals.
Renovating the Property and Reselling or Renting it
The final step is to renovate the property and prepare it for sale or rental!
In conclusion, purchasing, renovating, and reselling or renting a property can be a profitable venture for real estate investors. By using the financing and off-market property listings offered by Foundation CREF, you are much more likely to earn a significant profit margin. With careful planning and execution, real estate investors can create a profitable fix-and-flip investment with Foundation CREF.