Hard Money Loan Frequently Asked Questions
Before You Invest, Try This Hard Money Profit Calculator
House flipping, or buying and renovating a home for profit, is an investment strategy that has been highly publicized in the media as of late. Television shows dedicated to the subject show successful transactions being conducted using over-simplified math, if any at all. However, flipping houses is an investment that not only carries risk but demands your time, energy, and attention to detail. Many new house flippers make the mistake of overlooking certain deal expenses that may impact their net profit–leaving them with results that deviate from what they originally anticipated.
This is why it’s important to spend a few minutes calculating the various deal economics before delving into such a project. As an investor, you want to uncover as much information as possible that will help you weigh the risk and reward of the project. To help guide you in this process and give you a better perspective on your next fix and flip project, use this free house flipping calculator to determine what kind of results you can expect from your next house flip.*
*Note: While we believe this hard money calculator provides reasonably accurate estimates of a deal’s costs and returns, please remember that these are just estimates. These variables are subject to underwriting, as well as unforeseen expenses that may occur during the course of a deal.
*These calculations are estimates and do not include closing costs. Costs may vary based on property location.