You don't have to sell to work with FLYP. Use a HELOC and let us handle the renovation.
You don't have to sell to win with FLYP
Most people think FLYP is only for homeowners who are selling. That's how we started — and it's still our bread and butter. But we've learned something along the way:
The same renovations that maximize sale price also maximize the home you live in.If you love your neighborhood, your schools, your commute — but your kitchen is from 1997 and your bathrooms make you cringe — you don't need to move. You need a renovation partner.
The HELOC + FLYP model
Here's how it works:
- You tap your home equity with a HELOC (Home Equity Line of Credit). Most homeowners with 20%+ equity can qualify. Current HELOC rates are significantly lower than credit card rates or personal loans.
- FLYP scopes and manages the renovation. We bring the same expertise we use on pre-sale flips: identifying which improvements add the most value, using our vetted contractor network, and managing the project end-to-end.
- You get contractor pricing, not retail. Because FLYP runs hundreds of renovation projects, we get volume pricing from our contractor partners. A kitchen that might cost you $45K going direct could cost $28K–$35K through FLYP.
- Your home value increases. The same renovations that would add $100K+ to your sale price also add $100K+ to your home's appraised value — which means more equity, a better LTV ratio, and a stronger financial position.
What we renovate
Our most popular renovation-in-place projects:
Kitchen remodels ($18K–$35K)New countertops (quartz or granite), soft-close cabinets, modern appliances, updated lighting, and functional layout improvements. This is the single highest-ROI renovation in any home.
Bathroom updates ($8K–$18K per bath)New vanities, tile surround or full retile, modern fixtures, proper ventilation, and lighting. Most homes need at least the primary bath updated.
Flooring ($8K–$15K whole-home)Hardwood, LVP, or engineered wood throughout. Removing dated carpet or linoleum instantly modernizes a home.
ADU / DADU construction ($120K–$250K)Under Washington's HB 1337, most residential lots can add at least two accessory dwelling units. An ADU adds $150K–$300K in property value and can generate $1,500–$2,500/month in rental income.
Exterior and curb appeal ($10K–$25K)Paint, siding repair, landscaping, new front door, deck addition or repair, and driveway work.
The math: HELOC vs. doing nothing
Let's say you have a home worth $550K with $200K in equity. Your kitchen and bathrooms are original (1995).
Doing nothing:- Home value: $550K
- Equity: $200K
- Enjoyment: dated kitchen, embarrassing bathrooms
- HELOC draw: $55K at ~8.5% = ~$390/month interest-only
- Kitchen remodel: $28K
- Two bathroom updates: $22K
- Misc/contingency: $5K
- New appraised value: ~$680K
- New equity: ~$330K (you just created $75K in equity with a $55K investment)
- Enjoyment: modern kitchen, beautiful bathrooms, and $75K richer on paper
Why use FLYP instead of finding your own contractor?
Three reasons:
1. Scope expertise. We know exactly which renovations add the most value per dollar. We won't let you overspend on things that don't move the needle. 2. Vetted contractors. Our contractors have done hundreds of FLYP projects. They're reliable, insured, and experienced with the specific types of renovations that matter. 3. Project management. You don't manage anything. We handle scheduling, permits, inspections, materials, and quality control. You just live your life.Is this right for you?
The HELOC + FLYP renovation model works best if:
- You plan to stay in your home for 3+ years
- You have 20%+ equity (ideally 30%+)
- Your home was built before 2005 with original finishes
- You want the renovation done right, on time, and on budget
Ready to see what your home is really worth?
Get a free, no-obligation renovation plan from FLYP. Zero out-of-pocket costs.
FLYP My Home