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Updated over 9 years ago on . Most recent reply

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Karen Margrave
  • Realtor, General Contractor, and Developer
  • Redding, CA & Bend OR
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HOT - WARM - COLD WHERE'S YOUR MARKET?

Karen Margrave
  • Realtor, General Contractor, and Developer
  • Redding, CA & Bend OR
ModeratorPosted

Here in Orange County, CA we are in the middle of a sellers market, with sales at the highest level in 9 years. Inventory is down, prices are up. There's also been an uptick in new jobs with many companies hiring, which wasn't expected. 

What is the real estate market like in your area? 

Hot - Warm - Cold?

  • Karen Margrave

Most Popular Reply

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

@Steve Olafson

find a good local HML and have him or her put you into fix and flip loans.. 6 to 12 months usually pay 12 to 15% you can drive to them and make sure you like the collateral.

stagger your loans so your getting paid of monthly or so.. no need to lock up for 3 years plus unless you want to put those in an IRA then those are great investments.. they will out perform a rental property in most instances if your paying cash for a rental prop.

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JLH Capital Partners

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