House Flipping Profits Data Is In
How Much Profit Can You Expect On Your House Flip?
The house flipping profits data is in, and DoHardMoney house flippers won big!
We just tallied all the numbers and came up with the following:
Average profit was $33,578. That is the profit AFTER all costs were paid. After cash to close was returned. After all the loan costs like interest and points. After all of the inspection costs and legal fees. After all of the holding costs and selling costs like agent commissions. $33,578. That’s exciting, but there is MORE.
Cash to close figures were fantastic as well.
Median cash to close was less than $12,000
26.42% (about 1 in 4) borrowers needed to bring $2,000 or less to the closing table
18.87% (about 1 in 5) were required to bring less than $500 cash at closing. That’s right, less than $500!
We are excited to share these numbers, because they show what we have long understood. That those who enroll in the Find-Fund-Flip System and use it benefit from enrollment and the concepts they learn.
Let us help you learn how to profitably flip houses. Give us a call 801-692-7703 or click on the button here to get started.
Find-Fund-Flip System Use Drive House Flipping Profits
Funding no and low cash to close deals is what really drives our team. When one of our members is able to locate this type of deal we celebrate with them. The Find-Fund-Flip Financing System gives you both the essentials as well as a deep-dive into the world of real estate investment. You’ll access actionable steps to follow, helping you learn to recognize this type of deal so that you can replicate it. You’ll never go back to the strategies and property valuing methods that lead to so-so deals. The modules also allow you to track your progress so you’re never left guessing. It’s a simple, interactive and immersive experience that turns you into a true real estate investment professional and ultimately allows you to reach your financial goals.
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* Enrollment in any educational system or purchase of any products does not guarantee funding or that 100% hard money financing will be an available option for any property. Do Hard Money does not guarantee that each or any particular deal funded will result in profit.