FAQs

Frequently asked questions

Table of Contents
Primary Item (H2)

Agent Compensation & Benefits

Agents earn standard commissions agreed with the seller, plus a 50/50 profit split after FlipiQ realizes a 12% ROI on the project. The agent also re-lists the rehabbed property for a 1% commission, co-listed with FlipiQ for an additional 1%.
Yes. Agents can share some or all of their 50% profit portion to incentivize the seller.
No. Agents do not pay any upfront fees or invest their own capital.
Profit shares are disbursed directly from escrow at closing, ensuring immediate payment once the property sells.

No. There’s no minimum. However, understanding flipping fundamentals helps avoid pursuing non-viable properties.

There are no hidden fees; everything is upfront with contracts specifying everyone’s roles and responsibilities. The program focuses on providing benefits for all service providers and ultimately aims to provide affordable housing.

Seller Benefits & Options

Sellers can choose:

  • Cash Offer: Quick, as-is sale, possible advance ($10K–$20K) before close.
  • Competing Investor Offers: Access to 500+ vetted local investors.
  • Renovation Option: Increase property value via approved program participants.
  • Foreclosure Assistance: Potential buyback option after avoiding foreclosure.
  • Flexible Listing Services: From $95 flat-fee to 2.5% full-service.
No. Sellers only pay their normal transaction costs and any agreed-upon agent commissions.
Extended occupancy is generally not preferred and handled case-by-case.

Property Criteria & Program Requirements

Generally properties under $750K purchase price, requiring up to $100K in rehab completed within 45 days. Ideal ARV and ROI targets must be met (14% ROI minimum).

Properties should have minimal structural issues, newer than 1960 is preferred, and minimal permitting required. Total project time ideally stays under 120 days.

Yes. HomeStrong USA has experience purchasing short sales and distressed properties.

Partnerships & Participation

Agents, wholesalers, and anyone able to bring viable deals are welcome.

No. You can participate as it suits your business needs and exit anytime without penalties.

Properties are assigned first-come, first-served. Systems ensure you remain the sole agent on that deal.

Transactions & Funding

First and second mortgages cover 100% of purchase and rehab costs (up to 86% of future value). Points, interest, and due diligence fees apply but do not come from the agent’s pocket.

1) Lenders get paid, 2) Resale costs covered, 3) FlipiQ realizes 12% ROI, 4) Remaining profit splits 50/50 between FlipiQ and the agent.

Properties are assigned first-come, first-served. Systems ensure you remain the sole agent on that deal.

Technology & Tools

First and second mortgages cover 100% of purchase and rehab costs (up to 86% of future value). Points, interest, and due diligence fees apply but do not come from the agent’s pocket.

No. The technology is free for agents to use.

Yes. The technology is designed to integrate seamlessly with commonly used real estate tools.

Legal, Compliance & Disclosures

Yes. Full transparency is required. Always follow local laws, broker guidelines, and standard disclosure practices.

Agents act as agents, and flipping involves risk. Consult your attorney for specific legal advice. All roles and responsibilities are outlined in the written agreements.

All terms are fully disclosed upfront. Disputes follow a structured resolution process for fairness, ensuring everyone’s best interests are protected.

About HomeStrong USA & FlipiQ

HomeStrong USA is a 501(c)(3) nonprofit founded in 1999, dedicated to expanding homeownership opportunities, revitalizing communities, and supporting veterans and low-to-moderate income families.
FlipiQ partners with HomeStrong to provide a community-centric real estate flipping model, aligning agents, service providers, and investors to create win-win opportunities and improve housing options.
By sharing profits, HomeStrong and FlipiQ incentivize agents, foster community development, and ensure that everyone benefits from successful transactions.
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Strategic Oversight

Our board members provide strategic direction, ensuring that FlipiQ stays true to its mission and vision while adapting to the ever-evolving real estate market.

Community Advocacy

The board champions the interests of our community of operators, service providers, and investors, ensuring that every decision made is in the best interest of all stakeholders.

Diverse Expertise

Each member brings unique expertise, from real estate investment and technology to market analysis and legal compliance, enriching our collective knowledge base.

Innovative Approaches

With a focus on innovation, our board advises on the integration of new technologies and methodologies to keep FlipiQ at the cutting edge of the real estate industry.
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