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Looking for a Fix & Flip in a Hot Market? Here’s Who to Know

Finance Your Investment with a Hassle-Free Idaho Private Money Loan

When the housing market is tight, real estate investors need to get creative.

If you’re looking for distressed properties to fix and flip and inventory is low, it’s helpful to think of different types of “relationships” that may lead to opportunities.

Social media posts and mailings only go so far in a sellers market. Making “relationship connections” can be much more productive.

Check out the following lists for inspiration. It’s easy to see how each business or service might provide leads on potential real estate listings, quick sales, run-down properties or motivated sellers.

Helpful Relationships in a Tight Housing Market

PROFESSIONAL BUSINESSES

  • Realtors
  • Title Companies
  • Property managers
  • Credit repair agencies & credit counselors
  • Attorneys (Divorce, estate & probate, real estate)
  • Accountants & CPA’s
  • Insurance brokers
  • Local builders

SERVICE-BASED BUSINESSES

  • Contractors
  • Locksmiths
  • Cable & phone installers
  • Fire, flood, disaster remediation companies
  • Carpet cleaners
  • Handymen
  • Bail bond companies
  • Repo & towing companies
  • Hair salons, barbers

DELIVERY COMPANIES

  • FedEx, UPS, USPS
  • Pizza, water, grocery, meal delivery

Who do you know or who can you build relationships with among these services and industries? By thinking outside the box, you can find ways to grow your real estate investment portfolio – even in a tight housing market.

One last tip. Hard money lenders can be a resource too!

Get Fast Financing for Your Investment with an Idaho Hard Money Loan

You need to be prepared with financing, especially in a hot market. Hard money loans are tailor made for fix and flip investors, who don’t have time to wait on conventional lenders. At Gregory M. Russell, our private money loan application process is simple, streamlined and no-hassle. We look at your personal information, but credit and employment history are secondary provided you have available equity. And our paperwork is minimal. Give us a call to learn more at 1-888-477-0444. Or complete our easy apply online form today. You’ll be ready to go with cash in hand in no time.

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