Since the hay day of house-flipping back in 2005, with 5.5% of home sales from house flipping. That is 2.5% less than 2005’s 8% of sales from flipping houses. This is largely due to the greater level of confidence people have in the housing market today, and can be seen in how more and more small time investors are joining in the house flipping.
This trend used to be a bad omen, as noted with the busy house flipping years prior to 2008, but today with house flippers putting money into their investments rather than seeking capital to cover the entire cost from lenders, the housing market is a little safer for everyone. In an interview with Yahoo Finance, Daren Blomquist notes that both inexperienced and very experienced house flippers are working within conservative margins.
Capital Fund 1 has plenty of experience with providing fix and flip loans to many of our borrowers. With over 2,000 homes funded for flipping since 2009 we know what it can mean to an investor to get the funding for a home quickly. That’s why we can fund a fix and flip in 24 hours, helping an investor get in, prepare the property, and sell quickly for a great return.