Fix and Flip Project Timeline: From Purchase to Sale
By Infinity Lending ServicesUpdated March 4, 20267 min read
Quick Answer
A typical fix and flip project takes 4-8 months from purchase to sale. The timeline includes acquisition (2-4 weeks), renovation (2-4 months), and marketing/sale (1-3 months). Delays in any phase increase holding costs and reduce profit.
Table of Contents
Phase 1: Acquisition (2-4 Weeks)
Week 1-2: Deal Sourcing and Analysis
- Identify target property
- Analyze comparable sales and ARV
- Estimate rehab costs
- Calculate projected ROI
- Submit offer
Week 2-3: Under Contract
- Conduct property inspections
- Finalize rehab budget and scope of work
- Submit loan application
- Order appraisal
- Complete title search
Week 3-4: Closing
- Receive loan approval
- Review closing documents
- Wire funds for down payment
- Close on the property
- Obtain keys and begin renovation
Phase 2: Renovation (2-4 Months)
Month 1: Demolition and Rough Work
- Demolition and site preparation
- Structural repairs
- Rough plumbing, electrical, and HVAC
- Permit inspections for rough work
Month 2: Systems and Framing
- Complete mechanical systems
- Close up walls (drywall)
- Window and door installation
- Roofing work if needed
Month 3: Finish Work
- Flooring installation
- Cabinet and countertop installation
- Painting (interior and exterior)
- Fixture installation
- Trim and detail work
Month 4: Final Touches
- Landscaping and exterior work
- Final cleaning
- Punch list items
- Final inspections and permit sign-off
- Professional photography
Phase 3: Marketing and Sale (1-3 Months)
Week 1-2: Listing Preparation
- Professional staging (if applicable)
- Photography and virtual tours
- List on MLS and marketing channels
- Schedule open houses
Week 2-6: Active Marketing
- Show the property to potential buyers
- Review and negotiate offers
- Accept an offer and enter contract
Week 6-12: Closing Process
- Buyer completes inspections
- Buyer finalizes financing
- Appraisal and title work
- Close the sale and receive proceeds
How to Stay on Schedule
- Line up contractors before closing so work can begin immediately
- Order materials early to avoid supply chain delays
- Pull permits before closing when possible
- Maintain regular communication with your contractor
- Visit the site weekly to monitor progress
- Have backup contractors in case your primary is unavailable
- Price competitively to minimize time on market
Related Reading
Key Takeaways
- ✓Plan for 4-8 months from purchase to sale
- ✓Renovation phase is the most variable in timeline
- ✓Delays directly increase holding costs
- ✓Have contractors lined up before closing