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Bancaverse

Underwrite Your Flip Before You Make an Offer

Underwrite Your Flip Before You Make an Offer — Bancaverse video tutorial

Most flips that go sideways were already in trouble the day the offer went in. The spread looked fine on purchase price versus ARV, and then the real costs showed up one by one. This video runs about 6 min.

In this video

  • Building a full deal budget, not just purchase price against ARV
  • Rehab, financing and holding costs, and what they do to your margin
  • Selling costs and why they get left out so often
  • How much contingency to carry, and where it usually goes

Who it is for

Fix and flip investors who want to know the deal works before they sign anything.

Have a deal in mind? Create your free Bancaverse™ account, send us the numbers, and we will take it to private lenders and bring the offers back to you.

Research and explainers from the Bancaverse™ team, an Austin, Texas private credit brokerage arranging DSCR, bridge, fix-and-flip, construction, multifamily and commercial loans for real estate investors across 32 states.