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3 Ways to Find a Fix and Flip Property in Denver
Manage episode 163167735 series 1192822
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When looking for a potential fix and flip property in Denver, you’ve got to be creative. This is a tough market, so you’ve got to explore every opportunity in looking for a deal.
Want to sell your home? Get a FREE home value report.
Want to buy a home? Search all homes for sale.
We’ve got three different strategies to share with you today about how you can find a property out there with instant equity. In today’s market, it can be tough to find a home with equity that is listed. Here are three ways you can find a home to fix, flip, and make some money off of.
1. Purchasing a property at a Public Trustee sale. If you’re purchasing a property at one of these sales, you have an opportunity to bid on the property directly. The opening bid will be set, then you have two days to do your due diligence and place your bid on the property at the Public Trustee's office. This can be a risky scenario, so you should look out to make sure you are buying a home that has a clean title.
2. Purchasing a property at a pre-foreclosure. Pre-foreclosures happen when a lender is made aware that a home is going to likely be forced into foreclosure. You can prospect for these properties by either door knocking or cold calling. We have some other great tips for doing this as well.
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Find homes that meet your parameters by searching online.
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3. Cold call a neighborhood. Find homes that meet your parameters by searching online for homes in a certain area that owe a certain amount in mortgage payments. You can get pretty detailed with the demographics and parameters you want to target in our system.
If you’re seriously interested in fixing and flipping a property, the most important thing to do is find a property with equity. If you’re willing to put in the work and hustle that most people won’t, you are going to succeed.
If you have any questions for us, don’t hesitate to reach out and give us a call or send us an email. We look forward to hearing from you.
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