What’s the difference between a refurb and a flip? PLUS: What discount should I get when buying a property to flip?

This week on Ask Rob & Rob, the guys are clearing up some definitions on the difference between refurbs and flips, as well as below market value deals.

Our first caller Sam has a nice and easy question for us this week. He wants to know exactly what the difference is between a refurb and a flip.

It might seem like an obvious answer but there is a distinct difference, and one that most people will just assume they know the answer to.

So Rob B is taking it back to basics and clearing things up for Sam.

The second question comes from James, and funnily enough he’s interested in a flipping strategy.

He’s a surveyor himself and has been wondering at what point below market value, percentage wise, would Rob & Rob consider a biting point?

Rob D offers some pretty good calculations to help you work this one out so tune in to find out if a below market value property is really worth it.

Do you have a buy to let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).

Or if you prefer, click here to leave a recording via your computer instead.

The next question on Ask Rob & Rob could be yours.

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