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.
Sellers can choose:
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.
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.
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.
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.
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.