Luxury flipping is the renovation and resale of high-end properties, where both the capital at stake and the potential profit dwarf those of a standard flip.
Log in to followI've spent most of my reading time on notes and paper, so the rehab side is new to me. Every article about luxury flipping uses the word luxury like it has a definition, and then…
Still new, so bear with me. A hard money lender's site said they fund 90 percent of purchase and 100 percent of rehab on flips, which made me think you could get into a $2M house…
I priced a renovation on a house listed just under $3M and the owner's broker sent over insurance requirements I've never seen on a job before. Builder's risk at full replacement…
Everything I've worked on has been in the $400k to $500k range. There's a house I'm looking at around $1.4M and I can't work out which part of my process stops working. Same crews…
Looking at a luxury flip as a passive investor. Deck says $2.6M acquisition, $700k renovation budget, $4.2M target resale. Debt at 65 percent of cost, 12 month term with one 6 mon…