
By Fuquan Bilal
Design and resale get the attention, but a residential flip is usually won or lost at two earlier moments — the price and the flexibility. In our higher-rate, more selective market, both matter more than they have in years.

By Fuquan Bilal
In a higher-rate, more selective housing market, the outcome of a residential flip is usually decided long before the first renovation by how carefully capital is bought and how much flexibility the operator keeps in reserve.