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California foreclosures are rising steadily as part of a nationwide trend.
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Properties with building or municipal code violations often present attractive opportunities for experienced flippers.
Recording fees are charges collected by a county recorder when certain real estate documents are added to the official public record.
Many flippers and developers will encounter properties with unpermitted work.
Overcapitalizing is one of the easiest mistakes flippers, developers and property investors can make.
The maturity date is one of the most important terms in a hard money loan agreement.
More and more homebuyers are prepared to pay move-in ready premiums in California.
Experienced flippers always analyze and underwrite the worst-case scenario of every potential deal.
Most property flippers buy a property with the intention of renovating and selling but sometimes the decision to refinance and hold may be a better strategy.
FIX AND FLIP
Loan Amount
$895,000
Loan Type
Purchase
Location
Orinda, CA
Approx. Value Increase
$474,000*
FIX AND HOLD
$420,000
Fix And Hold
Hesperia
$140,000
CONSTRUCTION
$795,000
Construction Loan
Oakland
$400,000
$500,000
Purchase, Fix And Flip
North Oakland
$260,000
$280,000, $80,000
Roseville
$375,000
$850,000
Fix & Flip
San Jose
$999,000
$315,000
North Stockton
$205,000
$485,000
Construction loan
Monterey County, CA
$392,000
$490,000
Refinance loan
Carmichael, CA
$442,000
