{"id":714,"date":"2018-03-09T21:04:36","date_gmt":"2018-03-09T21:04:36","guid":{"rendered":"http:\/\/marioshomenews.com\/?p=714"},"modified":"2018-03-09T21:04:36","modified_gmt":"2018-03-09T21:04:36","slug":"miami-house-flipping","status":"publish","type":"post","link":"https:\/\/marioshomenews.com\/?p=714","title":{"rendered":"Miami House Flipping"},"content":{"rendered":"
\n
\n
\"Miami<\/a>

Miami house flipping<\/p><\/div>\n

 <\/p>\n

courtesy of CNBC<\/p>\n

House Flipping – At An All-Time High<\/h1>\n

More and more people are flipping houses \u2014 the most in 10 years \u2013 but they are reaping smaller rewards. High home prices, hot competition and very, very few available homes to buy are combining to make this popular trade ever more risky.<\/p>\n

Just more than 207,000 homes were flipped in 2017, according to a new report from Attom Data Solutions, which defines a flip as a property bought and sold in the same 12-month period. That is the highest number of flips in a decade. The number of people or companies flipping homes, 138,410, also jumped to a decade high.<\/p>\n

Today’s flippers, however, are nothing like those of a decade ago, who used cheap and easy money to finance their trades.<\/p>\n

\u00a0“The surge in home flipping in the last three years is built on a more fundamentally sound foundation than the flipping frenzy that we witnessed a little more than a decade ago,” said Daren Blomquist, senior vice president at Attom Data Solutions. “While financing for flippers has become more readily available in recent years, 65 percent of flippers still used cash to buy homes flipped in 2017, nearly the reverse of 2004 to 2006, when 63 percent of flippers were leveraging financing to buy.”<\/div>\n<\/div>\n<\/div>\n
\n
\n

Today’s flippers are seeing bigger gross flipping returns in dollar figures because they’re dealing with much higher home prices and margins, but they are also putting more money into the projects, making the net return lower. The average gross flipping return on investment last year was 49.8 percent, down from 51.9 percent in 2016.<\/p>\n<\/div>\n

“You have to be able to get in for a low enough price, it has to be a hot enough neighborhood and you have to know exactly what the build is going to entail,” he said.<\/p>\n<\/div>\n

Why Work with Mario Quintero?<\/h2>\n

Are you in the market to purchase a fixer upper? \u00a0We have helped many repeat clients purchase similar properties and either keep them for themselves or use as an investment. Mario has been in the real estate mortgage business since 2002. Mario\u2019s experience is tested and true. Mario has helped thousands of clients secure and improve competitive real estate mortgage interest rates .<\/p>\n

Mario gets your deal done. Let Mario be both your trusted Miami realtor and Miami mortgage broker.<\/p>\n

Get in Touch with Mario<\/h2>\n

I\u2019m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.<\/p>\n

Call me today at\u00a0305-598-1600\u00a0or contact me here.<\/p>\n","protected":false},"excerpt":{"rendered":"

  courtesy of CNBC House Flipping – At An All-Time […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-714","post","type-post","status-publish","format-standard","hentry","category-real-estate"],"yoast_head":"\nMiami House Flipping - Mario's Home News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/marioshomenews.com\/?p=714\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Miami House Flipping - Mario's Home News\" \/>\n<meta property=\"og:description\" content=\"  courtesy of CNBC House Flipping – At An All-Time [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/marioshomenews.com\/?p=714\" \/>\n<meta property=\"og:site_name\" content=\"Mario's Home News\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-09T21:04:36+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/marioshomenews.com\/wp-content\/uploads\/2015\/12\/for-sale.jpg\" \/>\n<meta name=\"author\" content=\"Andy Rodriguez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Andy Rodriguez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/marioshomenews.com\\\/?p=714#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/marioshomenews.com\\\/?p=714\"},\"author\":{\"name\":\"Andy Rodriguez\",\"@id\":\"https:\\\/\\\/marioshomenews.com\\\/#\\\/schema\\\/person\\\/0e8eb147a80e39031b6c0b97b4ef2b3e\"},\"headline\":\"Miami House Flipping\",\"datePublished\":\"2018-03-09T21:04:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/marioshomenews.com\\\/?p=714\"},\"wordCount\":467,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/marioshomenews.com\\\/?p=714#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/marioshomenews.com\\\/wp-content\\\/uploads\\\/2015\\\/12\\\/for-sale.jpg\",\"articleSection\":[\"Real Estate\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/marioshomenews.com\\\/?p=714#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/marioshomenews.com\\\/?p=714\",\"url\":\"https:\\\/\\\/marioshomenews.com\\\/?p=714\",\"name\":\"Miami House Flipping - Mario's Home News\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/marioshomenews.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/marioshomenews.com\\\/?p=714#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/marioshomenews.com\\\/?p=714#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/marioshomenews.com\\\/wp-content\\\/uploads\\\/2015\\\/12\\\/for-sale.jpg\",\"datePublished\":\"2018-03-09T21:04:36+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/marioshomenews.com\\\/#\\\/schema\\\/person\\\/0e8eb147a80e39031b6c0b97b4ef2b3e\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/marioshomenews.com\\\/?p=714#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/marioshomenews.com\\\/?p=714\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/marioshomenews.com\\\/?p=714#primaryimage\",\"url\":\"https:\\\/\\\/marioshomenews.com\\\/wp-content\\\/uploads\\\/2015\\\/12\\\/for-sale.jpg\",\"contentUrl\":\"https:\\\/\\\/marioshomenews.com\\\/wp-content\\\/uploads\\\/2015\\\/12\\\/for-sale.jpg\",\"width\":276,\"height\":183,\"caption\":\"Miami house flipping\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/marioshomenews.com\\\/?p=714#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/marioshomenews.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Miami House Flipping\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/marioshomenews.com\\\/#website\",\"url\":\"https:\\\/\\\/marioshomenews.com\\\/\",\"name\":\"Mario's Home News\",\"description\":\"Reverse Mortgages Residential Loan Commercial Loan\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/marioshomenews.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/marioshomenews.com\\\/#\\\/schema\\\/person\\\/0e8eb147a80e39031b6c0b97b4ef2b3e\",\"name\":\"Andy Rodriguez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f356c309e23e550c4696b8f90f2f436f5168a99f41000ad6b4b6ef09b4f6f728?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f356c309e23e550c4696b8f90f2f436f5168a99f41000ad6b4b6ef09b4f6f728?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f356c309e23e550c4696b8f90f2f436f5168a99f41000ad6b4b6ef09b4f6f728?s=96&d=mm&r=g\",\"caption\":\"Andy Rodriguez\"},\"url\":\"https:\\\/\\\/marioshomenews.com\\\/?author=3\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Miami House Flipping - Mario's Home News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/marioshomenews.com\/?p=714","og_locale":"en_US","og_type":"article","og_title":"Miami House Flipping - Mario's Home News","og_description":"  courtesy of CNBC House Flipping – At An All-Time [...]","og_url":"https:\/\/marioshomenews.com\/?p=714","og_site_name":"Mario's Home News","article_published_time":"2018-03-09T21:04:36+00:00","og_image":[{"url":"http:\/\/marioshomenews.com\/wp-content\/uploads\/2015\/12\/for-sale.jpg","type":"","width":"","height":""}],"author":"Andy Rodriguez","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Andy Rodriguez","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/marioshomenews.com\/?p=714#article","isPartOf":{"@id":"https:\/\/marioshomenews.com\/?p=714"},"author":{"name":"Andy Rodriguez","@id":"https:\/\/marioshomenews.com\/#\/schema\/person\/0e8eb147a80e39031b6c0b97b4ef2b3e"},"headline":"Miami House Flipping","datePublished":"2018-03-09T21:04:36+00:00","mainEntityOfPage":{"@id":"https:\/\/marioshomenews.com\/?p=714"},"wordCount":467,"commentCount":0,"image":{"@id":"https:\/\/marioshomenews.com\/?p=714#primaryimage"},"thumbnailUrl":"http:\/\/marioshomenews.com\/wp-content\/uploads\/2015\/12\/for-sale.jpg","articleSection":["Real Estate"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/marioshomenews.com\/?p=714#respond"]}]},{"@type":"WebPage","@id":"https:\/\/marioshomenews.com\/?p=714","url":"https:\/\/marioshomenews.com\/?p=714","name":"Miami House Flipping - Mario's Home News","isPartOf":{"@id":"https:\/\/marioshomenews.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/marioshomenews.com\/?p=714#primaryimage"},"image":{"@id":"https:\/\/marioshomenews.com\/?p=714#primaryimage"},"thumbnailUrl":"http:\/\/marioshomenews.com\/wp-content\/uploads\/2015\/12\/for-sale.jpg","datePublished":"2018-03-09T21:04:36+00:00","author":{"@id":"https:\/\/marioshomenews.com\/#\/schema\/person\/0e8eb147a80e39031b6c0b97b4ef2b3e"},"breadcrumb":{"@id":"https:\/\/marioshomenews.com\/?p=714#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/marioshomenews.com\/?p=714"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/marioshomenews.com\/?p=714#primaryimage","url":"https:\/\/marioshomenews.com\/wp-content\/uploads\/2015\/12\/for-sale.jpg","contentUrl":"https:\/\/marioshomenews.com\/wp-content\/uploads\/2015\/12\/for-sale.jpg","width":276,"height":183,"caption":"Miami house flipping"},{"@type":"BreadcrumbList","@id":"https:\/\/marioshomenews.com\/?p=714#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/marioshomenews.com\/"},{"@type":"ListItem","position":2,"name":"Miami House Flipping"}]},{"@type":"WebSite","@id":"https:\/\/marioshomenews.com\/#website","url":"https:\/\/marioshomenews.com\/","name":"Mario's Home News","description":"Reverse Mortgages Residential Loan Commercial Loan","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/marioshomenews.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/marioshomenews.com\/#\/schema\/person\/0e8eb147a80e39031b6c0b97b4ef2b3e","name":"Andy Rodriguez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/f356c309e23e550c4696b8f90f2f436f5168a99f41000ad6b4b6ef09b4f6f728?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/f356c309e23e550c4696b8f90f2f436f5168a99f41000ad6b4b6ef09b4f6f728?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f356c309e23e550c4696b8f90f2f436f5168a99f41000ad6b4b6ef09b4f6f728?s=96&d=mm&r=g","caption":"Andy Rodriguez"},"url":"https:\/\/marioshomenews.com\/?author=3"}]}},"_links":{"self":[{"href":"https:\/\/marioshomenews.com\/index.php?rest_route=\/wp\/v2\/posts\/714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marioshomenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marioshomenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/marioshomenews.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/marioshomenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=714"}],"version-history":[{"count":0,"href":"https:\/\/marioshomenews.com\/index.php?rest_route=\/wp\/v2\/posts\/714\/revisions"}],"wp:attachment":[{"href":"https:\/\/marioshomenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marioshomenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marioshomenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}