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Updated over 15 years ago on . Most recent reply

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how will the end of the tax credit affect investing?

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We are looking at "re-entering" the investing world and are planning on doing some entry level flips. (Looking at single family detached - buy at $85k, $20k repairs, resell $150k) This is a pretty simple, common flip in my area (Denver CO) and I'm very familiar with the market, neighborhoods, etc.

My question is how investors feel that the end of the tax credit (if it does end) will affect the buyer pool? I've heard conflicting information on how much the credit is actually being used and how much of an affect it will have on the market.

So, can some of you (preferably those of you in the entry-level buyer market) give me your thoughts/ opinions on how the flipping market will be affected? Obviously no one has a crystal ball - just hoping for some other thoughts.

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