Best answer


A big benefit offlipping homesis that you gain a high return on investment (ROI). While renting a house can give you an average ROI of 15 percent and the average ROI on a house flip is 10-20 percent, the faster you flip, the higher the ROI. In addition, once you sell the home you檝e renovated, you will have gained your profits.

People also ask


  • Is it better to flip or rent a house first?

  • My average time to flip a house is about 6 months, but the big projects can take much longer. Flipping houses is not an amazing advantage over rentals because of the time it takes to flip and the costs to flip. Below is a video I made on whether it is better to flip or rent first. How much money do you need to buy a flip or a rental?

  • Why have you kept flipping houses and rentals?

  • I have kept flipping houses because the profit margins are still there on the flips. There are almost always opportunities to flip houses, but there are not always opportunities to make money with rentals. Although I stopped buying residential rentals in my market, I have been buying commercial properties in the last few years which do make money.

  • How much does it cost to flip a rental property?

  • On a $100,000 rental, you may need from $25,000 to $35,000 in cash. A flip can take from 25 to 0% down depending on the financing you use. You may be able to get some of the repairs financed as well. On a $100,000 flip, you may need from $10,000 to $50,000 in cash.

  • How long does it take to flip a house?

  • My average time to flip a house is about 6 months, but the big projects can take much longer. Flipping houses is not an amazing advantage over rentals because of the time it takes to flip and the costs to flip. Below is a video I made on whether it is better to flip or rent first.