It is basically a flip that requires very little work. For example, a house might need new carpet,
new paint, a couple new ceiling fans and new hardware on the kitchen cabinets.
Cosmetic flips are excellent flips for a beginner. Since they don’t require as much work as a full flip, you can get them done fast: sometimes in just a week or two.
They also don’t require much skill. You really don’t even need a contractor. You can call Lowe’s or Home Depot to replace carpet and paint. And their work is guaranteed.
The best part is they can still have very big profits.
I am still kicking myself today for missing out on a cosmetic flip in our old neighborhood 4 houses down from me.
It took about 11 days complete and the total profit came it at around $62,000.
If you have not flipped a house yet, then a cosmetic flip is for you!