Fix-and-flip underwriting

A useful flip review separates the purchase basis, renovation scope, timing, financing, selling costs, and market evidence so one optimistic assumption does not carry the whole decision.

General information

This resource is educational and should not be treated as legal, tax, engineering, appraisal, environmental, lending, or financial advice. Conditions and requirements vary by property and jurisdiction.

Questions to bring into review.

01Build a scope from observed conditions, not a generic allowance.
02Use comparable sales and a conservative resale assumption.
03Include holding, financing, closing, selling, and contingency costs.
04Stress-test timing and price changes before deciding.

Information changes. Confirm the current requirements and ask qualified local professionals to review anything material to your decision.