A Renovation Profit-Sharing deal is a partnership where we cover the costs to renovate your property, manage the sale process, and then share the profits with you after the sale is completed.

When selling as-is, you might not get the best price for your property due to needed repairs or outdated features. With our Renovation Profit-Sharing deal, we invest in improving your property to maximize its value, potentially resulting in a higher sale price and more profit for both of us.

Our experienced team assesses the property and local market to determine which renovations will provide the best return on investment. We consult with you throughout the process and value your input on the renovation plans.

The profit split is negotiated on a case-by-case basis, considering factors like the initial property value, the scope of renovations, and the estimated final sale price. Typically, it ranges from a 50/50 split to 70/30 in favor of the homeowner.

No, we cover all renovation costs. This is one of the key benefits of this deal structure - you can potentially increase your property's value without any out-of-pocket expenses.

The timeline can vary depending on the scope of renovations and the local real estate market. Typically, the process takes 3-6 months from the start of renovations to the closing of the sale.

We're confident in our ability to sell renovated properties. However, in the unlikely event that the property doesn't sell within a predetermined timeframe, we can discuss options such as renting the property or adjusting the sale price.

For safety reasons and to expedite the renovation process, it's usually best if the property is vacated during renovations. We can discuss timeline and moving assistance if needed.

We consider a wide range of properties for this deal structure, including single-family homes, duplexes, and small multi-unit buildings. The key factor is the property's potential for value increase through renovation.

We use a combination of professional appraisals, comparative market analysis, and our own expertise in the local real estate market to determine a fair initial value for your property.

Your existing mortgage remains in place until the property is sold. The mortgage will be paid off from the sale proceeds before the profits are calculated and split.

Yes, Renovation Profit-Sharing deals are legal. We ensure all agreements are properly documented and adhere to all relevant real estate laws and regulations.

This deal can be particularly beneficial if your property needs significant updates to reach its full market potential, and you don't have the funds or desire to manage the renovation process yourself. We offer free consultations to assess your specific situation and determine if this is the best option for you.