Grow your real estate investing business with the most competitive and transparent private lender for bridge loans (hard money, fix & flip, rehab, ground up construction), DSCR rental loans.

Private Lender for DSCR Loans and Fix & Flip Loans | OfferMarket

Private Lender for DSCR Loans and Fix & Flip Loans

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## How to calculate profit for a fix and flip

 

To calculate profit when flipping a house, you need to factor in several costs.

 

**Initial purchase:**

 

- Purchase Price
- Closing costs (title, transfer and recordation)
- Lender fees (origination fee, legal, lender's title insurance)
- Insurance (builders risk policy)

 

**Sale:**

 

- Rehab costs (materials, labor, soft costs
- Agent/broker commission
- Closing costs (title, transfer and recordation)
- Lender fees (interest, draw fees)
- Taxes

 

## Hard money fix and flip loans

 

Most flippers use hard money from a private lender, otherwise known as a fix and flip loan. These are interest only loans specifically for fix and flip investors to purchase and rehab properties. Learn more about [fix and flip loans](https://www.offermarket.us/blog/bridge-loans-fix-and-flip-loans-hard-money).

Calculate fix and flip profit, cash to close and cash on cash return.

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Fix and Flip Calculator.png

Fix & Flip Calculator | OfferMarket

Fix and Flip Calculator

The well-being and safety of all parties is our foremost priority. Please take a moment to review the Centers for Disease Control and Prevention's COVID-19 best practices. By participating in an OfferMarket Safe Showing, you acknowledge and agree to our policy detailed below and agree to release OfferMarket of any liability.

 

## Sellers, property managers and tenants

 

Selling your house or rental property during the coronavirus pandemic can certainly be stressful. The last thing you want is strangers walking through your home on short notice.

 

1. An OfferMarket representative will confirm a date and time typically with 48 hours notice (no less than 24 hours notice) of the scheduled Safe Showing.
2. If you have tenants living at the premises, you are responsible for providing them with at least 24 hours notice of the scheduled Safe Showing.
3. We ask that you and/or any tenants vacate the premises for the duration of the Safe Showing period -- typically 1 to 2 hours.
4. OfferMarket's representatives (no more than 2) wear protective face masks and are trained to maintain 6 feet of separation when interacting with anyone at the premises. For occupied properties, OfferMarket's team member may use an infrared thermometer for touch-less temperature check.
5. If the premises is vacant, OfferMarket will provide a lockbox and instruct buyer groups to secure the property after their Safe Showing.

 

## Buyers

 

1. An OfferMarket representative will reach out to you to understand your availability and set a tentative Safe Showing date and time-frame. 
2. The representative will confirm your reserved Safe Showing time the day prior to the Safe Showing.
3. To avoid delays, we ask that you arrive 10 minutes prior to your reserved Safe Showing time.
4. No more than 2 buyer groups are allowed to tour the premises at a time. Buyer groups must be limited to 3 people. If other groups are waiting for you to complete your Safe Showing, you must limit your Safe Showing to 15 minutes. The next scheduled buyer groups are allowed to enter once the previous groups have completed their Safe Showing and exited the premises.
5. In order to enter the premises, you must wear a protective face mask throughout the duration of your Safe Showing. Please maintain 6 feet from all other people both outside and inside the premises.
6. If the premises is vacant, OfferMarket will provide a lockbox code the day of your Safe Showing. By participating in a lockbox enabled Safe Showing, you are responsible for locking the premises upon your exit.

OfferMarket's Safe Showing Policy is designed to facilitate real estate walkthroughs that are safe and secure. Learn more about our professional Safe Showing process.

Safe Showing Policy - Safe Home Tours - OfferMarket

Safe Showing Policy

Looking for the best real estate investing books? These are our go-to recommendations if you want to learn about real estate investing and sharpen your skills.

 

## Landlording On Autopilot

 

![landlording-on-autopilot-by-mike-butler-book-cover_orig.jpg](https://cms.offermarket.us/uploads/landlording_on_autopilot_by_mike_butler_book_cover_orig_78ab6b4ec8.jpg)

 

A simple, no-brainer system for higher profits, less work, and more fun.

 

### Author: Mike Butler

 

### Summary: 

 

Learn how Mike Butler (VISTA Properties, Wealth Building 24-7) managed 75 rental properties in [Louisville, Kentucky](https://www.offermarket.us/markets/louisville-ky-real-estate) with a full time job before hiring his first employee. In this book, Mike Butler shares his system for rental property management. Spoiler alert, Mike's system is incredibly simple, thoughtful and can be implemented using your smartphone. It's no surprise Mike's portfolio is now over 500 properties. Mike leveraged some of the know-how he acquired as an undercover police detective to create his simple yet robust property management system, that allowed him to keep his full time job. He shares secrets of maximizing rental income from good properties and turning around properties that aren't as performant. He dives deep into his methodologies, going as far as revealing all the exact tools and technologies he employs to run his real estate empire. The system is agnostic to locality where it's used, so it can be implemented in rural or urban settings with the same results. 

 

### Topics:

 

- Rental property investment strategy
- Landlord best practices
- Rental property management
- Tenant screening
- Section Eight

 

**[Buy On Amazon](https://www.amazon.com/gp/product/B07FJX6W1T/ref=as_li_tl?ie=UTF8&tag=rentstack-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=B07FJX6W1T&linkId=17300d84a75235cd7258648675c6a8dc)**

 

## The Book On Rental Property Investing

 

![the-book-on-rental-property-investing-by-brandon-turner_orig.jpg](https://cms.offermarket.us/uploads/the_book_on_rental_property_investing_by_brandon_turner_orig_c0ab82e75a.jpg)

 

How to build wealth and create passive income through smart buy and hold real estate investing strategies. The book also touches on a few topics in personal finance as it related to real estate investing. 

 

### Author: Brandon Turner

 

### Summary: 

 

Brandon Turner, a millionaire real estate investor, created a true crash course in rental property investing. If you are looking for a place to start, this book is for you. Learn about building your team, valuing properties, rehabbing, [BRRR](https://offermarket.us/real-estate-glossary/brrr-buy-rehab-rent-refinance) and so much more. The book offers many practical lessons, and talks about why some real estate investors fail, what common mistakes everyone should avoid and how to ensure a sustainable business. Four unique strategies are shown which made Brandon a successful investor and that can be easily replicated even by someone who is just starting out. The book goes on to offer insight on how to source deals and discern which ones are worth your time. Brandon focuses on being a real estate investor and not a real estate manager, he talks at length about pitfalls of managing real estate and how you can avoid doing labor intensive tasks that suck up your time and instead focus on finding premium deals. Finally, to wrap things up, he presents ideas and methods of getting financing for your deals, in any market condition as well as ways to minimize your tax consequences.

 

### Topics:

 

- Rental property investing
- Investing in real estate
- [BRRR](https://offermarket.us/real-estate-glossary/brrr-buy-rehab-rent-refinance) (buy, [rehab](https://offermarket.us/real-estate-glossary/rehab), rent, refinance)
- ARV (after repair value)
- Financing
- Rehabbing and renovations
- Landlord best practices

 

**[Buy On Amazon](https://www.amazon.com/gp/product/099071179X/ref=as_li_tl?ie=UTF8&tag=rentstack-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=099071179X&linkId=2605628342d3034818b7287049adaf25)**

 

## Buy, [Rehab](https://offermarket.us/real-estate-glossary/rehab), Rent, Refinance, Repeat

 

## The [BRRR](https://offermarket.us/real-estate-glossary/brrr-buy-rehab-rent-refinance) rental property investment strategy made simple.

 

![buy-rehab-rent-refinance-repeat-by-david-green_orig.jpg](https://cms.offermarket.us/uploads/buy_rehab_rent_refinance_repeat_by_david_green_orig_56f4a2967b.jpg)

 

### Author: David Greene

 

### Summary: 

 

Learn how to build your rental property portfolio by buying undervalued fixer-uppers in cash, cost effectively renovating, renting and refinancing. With the [BRRR](https://offermarket.us/real-estate-glossary/brrr-buy-rehab-rent-refinance) method, you can pull out all of your invested capital and then some if you "keep the water in the bucket" through the [BRRR](https://offermarket.us/real-estate-glossary/brrr-buy-rehab-rent-refinance) process. The book also highlights the importance of [free cash flow](https://www.offermarket.us/real-estate-glossary/free-cash-flow) to protect your downside. The book provides a concrete plan for getting started, even with small capital investment. Systems for spotting ideal deals that should be acquired. Methods of negotiating with sellers to lock in ideal prices. Ways on how to recover most of the invested capital quickly in order to reinvest it in the next deal. Ways to increase property value and curb appeal to have better rental outcomes. David highlights importance of demographic research in his approach and how it helps him identify up and coming areas where rental markets might be heating up before competing investors swoop in and scoop all the deals. Finally, how to recruit talent to help you run your growing real estate portfolio and grown your wealth. 

 

### Topics:

 

- Rental property investing
- [BRRR](https://offermarket.us/real-estate-glossary/brrr-buy-rehab-rent-refinance) (buy, rehab, rent, refinance)
- ARV (after repair value)
- Property management outsourcing
- [Hard Money Lenders](https://www.offermarket.us/real-estate-glossary/hard-money) and [Private Lenders](https://www.offermarket.us/real-estate-glossary/private-lender)
- [Cash On Cash Return](https://www.offermarket.us/real-estate-glossary/cash-on-cash-return)

 

**[Buy On Amazon](https://www.amazon.com/gp/product/1947200089/ref=as_li_tl?ie=UTF8&tag=rentstack-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=1947200089&linkId=01967565381716d96fed3978a222c5a4)**

## Rich dad poor dad

 

## The book highlights philosophical differences of people that work for employers versus employers themselves

 

![richdad_6ba8f1accf.png](https://cms.offermarket.us/uploads/richdad_6ba8f1accf.png)

 

### Author: Robert T. Kiyosaki

 

### Summary: 

 

Robert, an experienced investor, presents several anecdotes from his childhood to show the differences in mindset between his biological dad who always worked for someone and the dad of his best friends, who was an employer for other people. His 'rich' dad taught him the value of time, money and assets, setting Robert on a life long path to accumulate appreciating assets, such as rental investment properties. The book explains how Robert accumulated assets using his day job and invested in rentals to generate passive income and grow his own rental portfolio while adhering to the philosophy of living below his means so he can maximize his investment cashflow. One anecdote from the book, is that Robert waited extra few years so his business could purchase his first Porsche in a tax protected way instead of him buying it outright. One great take away from the book that everyone should remember, is that employer will never give you a raise you truly deserve, only you can give yourself that raise. That philosophy made him work just hard enough for someone else not get fired, instead of breaking his back to get a few percent raise every year. He used his extra time to build his own rental empire.

 

### Topics:

 

- Rental property investing
- [Tax lien certificates](https://www.offermarket.us/real-estate-glossary/tax-lien-certificates) 
- Mindset of employees vs employers
- How to be a rental property investor
- How to kick start your real estate business
- Long term mindset

 

**[Buy On Amazon](https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680178/ref=as_li_tl?ie=UTF8&tag=rentstack-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=1947200089&linkId=01967565381716d96fed3978a222c5a4)**

The best real estate books for rental property investing, property management, fix and flip, financial independence and other real estate topics.

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Best Real Estate Books - OfferMarket

Best Real Estate Books

## How much will you save when you sell your house without an agent?

 

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When you sell your house with OfferMarket, you avoid incredibly inefficient transaction fees.

 

| Comparison | OfferMarket | Traditional Brokerage |
|:-----------------:|:------------:|:---------------------:|
| Commission | 0% | 5 - 6% |
| Concessions | 0% (AS IS) | 0 - 2% |
| Repairs | $0 (AS IS) | 0 - 5% |
| Showings | 1 | 10 |
| Closing Timeframe | 30 - 45 days | 60 days |
| Closing Costs | 0 - 2% | 1 - 3% |

 

 

## Sell your house without paying any commissions or fees using [OfferMarket](https://offermarket.us/sell)

How much can you save when you sell your house without a real estate agent? Use our Seller Savings Calculator to explore your savings when you sell with OfferMarket.

Fix and Flip Calculator

How to calculate profit for a fix and flip

Hard money fix and flip loans

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