High-Equity Foreclosure Properties for Fix & Flip Operators
Scale Your Flipping Business with Predictable Deal Flow
The Fix & Flip Challenge: Finding Properties That Actually Pencil
Stop overpaying for MLS foreclosures. Find high-equity pre-foreclosure opportunities before they hit auction.
MLS Picked Over
REO properties already inspected by a dozen investors—competition drives up prices
Auction Gambling
No property inspection allowed, cash-only sight-unseen purchases against experienced bidders
Slim Margins
One bad buy can wipe out profits from three good ones—need significant equity to leave room for profit
Unknown Repairs
Can't estimate repair costs accurately without inspection—profit margin uncertainty
Pre-Foreclosure via MagicList
Access high-equity properties before auction with time to inspect, negotiate, and run accurate profit projections.
Inspect property before making offer—accurate repair cost estimates possible
Negotiate directly with motivated homeowners—build relationships for favorable terms
50%+ equity requirement builds in cushion—profit even if repairs run over budget
Foreclosure Auction & Bank REO
Overcrowded auctions and already-listed properties where profit margins have been squeezed by competition.
No property inspection allowed at auction—sight-unseen purchases with unknown repair costs
MLS properties already picked over by 20+ investors—6% commission already built into price
Bidding wars at auction and competitive offers on MLS—drives prices up and profit margins down
High-Equity Foreclosure Filters for Profitable Flips
Every MagicList property is pre-screened for fix & flip viability with detailed profit analysis
50%+ Equity Minimum
Protects your profit margin—room for unexpected repairs and market fluctuations
ARV Analysis
Recent comparable sales show what the property will sell for after renovations
Property Condition Indicators
Age, permits, ownership duration—signals for estimating renovation scope
Owner-Occupancy Verified
Owner-occupied homes typically better maintained than investor-owned rentals
Hard Money Viability
Shows max loan amount available and whether property meets 75% LTV requirements
Profit Margin Calculator
Instant 70% rule calculations—purchase price, repairs, ARV, and projected profit
See Real Flip Opportunities
Get instant access to pre-qualified foreclosure properties with 50%+ equity and full ARV analysis
The Numbers Behind
Successful Flips
Example property from MagicList in Mesa
showing 20.7% ROI in 90 days
Property Details
- 3BR/2BA, 1,650 sq ft in Mesa
- Owner-occupied 12 years (well-maintained)
- Assessed value: $280K
- Current loan balance: $140K (50% equity)
- 67 days until foreclosure sale
- Negotiated purchase: $210,000
- Renovation budget: $35,000 (kitchen, baths, flooring)
- Hard money holding cost (3 months): $6,300
Profit Breakdown
- Total acquisition:$213,000
- Total renovation:$35,000
- Holding & selling costs:$25,300
- Total investment:$273,300
- After Repair Value (ARV):$330,000
- Net profit:$56,700
- ROI percentage:20.7%
- Timeline:90 days
Real Fix & Flip Results
"We were spending 20 hours a week sourcing deals and maybe finding one that worked. MagicList cut that to 3 hours and increased our closing rate from 1 to 3-4 deals per month. The equity pre-screening is everything—we don't waste time on properties that can't yield 20%+ ROI."
"The condition indicators saved me from a disaster. Property looked great online but MagicList flagged zero permits in 25 years. Walkthrough revealed knob-and-tube wiring and galvanized plumbing. Would have killed my profit margin."
Ready to Scale Your Fix & Flip Business?
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