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Financing and Other Strategic Hacks for Purchasing and Flipping Homes
Manage episode 390347663 series 3375927
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Chris Cahill is the Owner of Cahill Property Developments, where he purchases rundown, uninhabited properties and lists updated homes for rent or sale. Through his company, Chris owns $8 million in real estate assets.
In this episode…When it comes to investing in real estate, financing is a leading concern for many first-time investors. However, with tactical strategies, purchasing and flipping homes can be profitable rather than risky. One construction-trained entrepreneur multiplied his portfolio value by maximizing ROI consistently.
With a background in property renovations, Chris Cahill takes a conservative approach to real estate investing. With each home purchase, Chris ensures an ROI of at least 100% by refinancing hard money loans after completing renovations. While acquiring profitable deals in an unstable economy is challenging, Chris recommends analyzing rental markets for ideal prices and comparing similar homes in the area to structure renovations accordingly.
In this segment of The Same Day Podcast, Mat Zalk invites Chris Cahill, the Owner of Cahill Property Developments, to speak about purchasing and flipping real estate. Chris shares how he develops solid relationships with contractors, his plans for growing his portfolio, and how he purchases and upgrades properties.
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