How to Get Started in Fix and Fix and Flipping: A Beginner’s Guide to Profitable Real Estate Investing
Fix and flip investing has become one of the most popular strategies in real estate — and for good reason. With the right property, proper planning, and smart financing, you can turn a distressed home into a profitable asset in just a few months. But if you’re new to the game, figuring out how to get started in fix and flipping can feel overwhelming.
This guide breaks down the essential steps, common pitfalls, and how using a private lender like Barnett REI Finance can make the process smoother, faster, and more profitable.
What is Fix and Flip Real Estate?
1.Learn the Market
Before you buy your first property, immerse yourself in your local real estate market:
Study comparable home sales (otherwise known as “comps”) in the area.
Understand what buyers want in different neighborhoods.
Track average rehab costs and timelines.
Pro Tip: Focus on areas with strong demand and limited inventory. These often make the best places to flip.
2. Build a Reliable Team
You will need:
A real estate agent who knows investment properties
A general contractor and tradespeople
An inspector or appraiser
A real estate attorney
A lender who understands the needs of fix and flip investors
3. Find the Right Property
Look for properties with potential, not perfection. The best deals often:
Are priced below market value
Need cosmetic repairs (vs. major structural fixes)
Are located in up-and-coming or high-demand neighborhoods
Tip: Avoid properties with foundation issues or permitting nightmares unless you’re a seasoned investor.
4. Run the Numbers
Flipping is all about math. Before you buy, estimate:
Purchase price
Repair costs
Holding costs (taxes, insurance, utilities, loan interest)
Selling costs (agent fees, closing costs)
ARV
5. Secure the Right Financing
Traditional banks often move too slowly for competitive fix-and-flip deals. That’s where. Barnett REI Finance comes in.
Why Use Barnett REI Finance?
At Barnett REI Finance, we specialize in funding fix-and-flip projects quickly and flexibly. Here’s how we help investors succeed:
Fast approvals and closings
Custom loan structures to fit your strategy
Expert support from an in-house team that understands the flipping business
Whether it’s your first flip or your tenth, we’re here to help you scale.
6. Renovate Smartly
Time is money in a flip. Stick to improvements that add real value:
Kitchen and bathroom updates
New flooring and fresh paint
Curb appeal: landscaping, new doors, or updated windows
Avoid over-improving. Buyers may not pay extra for high-end finishes if they don’t fit the neighborhood.
7. List, Market, and Sell
Once renovations are complete, list the property at a competitive price. Use a real estate agent who understands investors and can help market it effectively. The goal? Sell fast and maximize ROI.
Ready to Start Flipping?
Fix and flip investing can be incredibly rewarding, both financially and creatively. But success requires smart planning, sharp numbers, and the right partners. If you’re ready to get started, Barnett REI Finance can provide the funding and support you need to turn distressed properties into high-value assets.
Reach out today to learn more about our loan options, and let’s build your real estate business together!