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Updated almost 7 years ago,
How Finicky are Investors?
When it comes to areas/zip codes to invest in, how picky are most investors especially the fix and flip investors? Is it all about the zip code or all about the returns? I have had a property under contract in Baltimore Morrell Park are where based on the CMA’s ARV it would give an investor a profit potential of about $60k if they put up $115k which includes repairs/wholesale fees/purchase price. The neighborhood has been viewed as stable by some of the investors on BP but it seems like investors in other online local social media forums seem to shy away. What are investors really looking for these days? Are they all chasing the same thing and willing sit idle while looking into over-saturated markets with little to no inventory?